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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Chinwe Odimba-Chapman was announced as Michael Bates’ successor; in other news, a report has found a high level of BEPS compliance among OECD jurisdictions
The KPMG partner tells ITR about Sri Lanka’s complex and evolving tax landscape, setting legal precedents through client work, and his vision for the future of tax