Google vice president Matt Brittin was called back to give evidence in front of the UK Parliament’s Public Accounts Committee (PAC) last week, after its members were unsatisfied with his responses in the November hearing alongside Amazon and Starbucks. PAC chairwoman Margaret Hodge accused the company of “doing evil” but many believe international tax rules are to blame for perceived aggressive avoidance.
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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
As we build up to another busy year for the World Tax rankings and ITR Awards, we give a rundown of some of the major firms and trends within the Brazil tax market