Margrethe Vestager is known for taking items out of her friends’ shopping baskets if she feels they are making the wrong decision. The EU Competition Commissioner is not short of opinions when it comes to the world’s most powerful companies either – routinely provoking disagreements with major corporations since becoming commissioner in 2014. Lena Angvik takes a look at the lady behind the state aid investigations.
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No further action will be taken in relation to the four cases, however the regulator said it hopes to conclude five remaining investigations into PwC’s tax leaks scandal ‘as soon as possible’
The OECD also reported ‘political issues’ in reaching a consensus on amount B; in other news, PwC introduced new managing director roles as a partnership alternative
Coca-Cola ‘strongly believes’ the IRS and the Tax Court misinterpreted and misapplied the applicable regulations for its TP dispute over foreign affiliates
The self-governing UK dependency said that over 95% of Jersey companies will be unaffected by pillar two and that Revenue Jersey is ‘well-equipped’ to implement the rules
Specialist technology can save companies time, money and compliance stress by revolutionising a multitude of TP processes, says Russell Gammon of Tax Systems