Businesses must assess their next moves after the UK’s Brexit vote triggered plans in the UK to cut the corporation tax rate, which may have started a race to the bottom on rates among European countries.
The judgment in the LuxLeaks case, which has become central to the debate around transparency and whistleblowing, could be overturned as both parties appeal the verdict.
Corporations have received a tax boost in Finland’s draft Budget for 2017, with proposals to increase the amount of losses that can be deducted against income and a number of other pro-growth measures.
Many companies fear that a tax authority will publicly claim that the business is involved in a tax avoidance scheme. But what should companies do if the authorities get it wrong?