Seven months after Shanghai became China’s first city to roll out the country’s VAT pilot regime, the State Council has announced the program’s expansion to include 10 more cities and provinces.
India’s new president, Pranab Mukherjee, has confirmed that consultations and review of the proposed general anti-avoidance rule (GAAR) had started before he stepped down as finance minister.
Taxpayers are at risk of not getting the best deal when it comes to negotiating a tax settlement with HM Revenue & Customs (HMRC), after a report from the National Audit Office highlighted flaws in the tax authority’s governance procedures.
Tax avoidance campaign group, UK Uncut Legal Action, has been given permission to challenge the conclusion of a tax dispute between Goldman Sachs and HM Revenue and Customs (HMRC) that the campaigners allege cost the UK millions of pounds.
