Michael Meacher, former UK Minister of State for the Environment under Tony Blair, stepped up the fight against tax avoidance in the House of Commons last month with his general anti-tax avoidance principle (GATAP) Bill. Salman Shaheen talks to the Labour Member of Parliament about his campaign and how it is gaining momentum.
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The ruling underscores that tax authorities must provide ‘detailed, well-supported, and logically sound justifications’ when determining reference prices in tax assessments, one expert told ITR
One expert last month predicted the short-term impact of tariffs would be “devastating” for both Canada and the US, particularly if the former instituted retaliatory measures
Audit specialist Walsh, a 33-year veteran of KPMG, will assume the leadership role in July; in other news, a think tank has claimed that the UK tax advisory market requires ‘urgent reform’
The court emphasised that TP analysis must adhere to the arm's-length principle, be based on the specific facts of each transaction and comply with domestic regulations, one expert says