Undeniably, the spotlight is increasingly falling on the tax affairs and tax payments of multinational corporations. While tax departments retain a duty to shareholders to minimise the tax liability, the debate around such tax strategies has evolved faster in the years since the global financial crisis than ever before. Matthew Gilleard analyses what this evolution means for today’s tax director.
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Fears that advisers would have to disclose sensitive mental health information to prospective clients were addressed, but Australian tax bodies still harbour worries
Partners in EY’s tax advisory practice have also reportedly been dismissed; in other news, PwC has lost another Chinese auditing client in the wake of the Evergrande matter
Labour’s anticipated plans to reform the UK’s corporation tax regime presents a timely opportunity, a debate featuring former UK Treasury minister David Gauke heard last night
The masterminds behind an ‘unusual’ advertisement launched by six Australian tax associations against controversial ethical rules won’t reveal the campaign’s costs
The full-page advertisements are running ahead of a key summit with the government on Friday, but ITR understands some professional bodies see the campaign as counterproductive