Archive for April, 2017

Yesterday the Guardian reported that Labour plans clampdown on ‘sweetheart deals’ to close £36bn tax gap “Shadow chancellor John McDonnell said if Labour wins the next general election it would “close the loopholes through which large corporations swindle the public”. He said the “tax gap” between what companies should be paying and what is actually received […]


This article appeared in Tax Analysts  (Pdf to download) Starting this year, large multinational companies will file their first country-by-country (CbC) reports with information on sales, profits, number of employees, and taxes paid for their entities in each jurisdiction where they operate. Businesses are also increasingly recognizing that tax is a reputational issue and are publishing […]