Margaret Hodge, chairman of the House of Commons Public Accounts Committee (PAC) in the UK, hauled Google, Amazon and Starbucks over the hot coals last month for avoiding UK taxes. She tells Salman Shaheen how transparency measures such as country-by-country reporting and FATCA can be used to ensure companies pay their fair share of tax and calls for HM Revenue & Customs (HMRC) to step up its game.
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While some may argue that heads should roll following KPMG Australia’s audit leak scandal, client and revenue data emphasises that tax team stability is paramount
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