Antoine Deltour, convicted for revealing information about the tax breaks Luxembourg offers huge multinationals such as Apple, IKEA and Pepsi, has announced his decision to launch another appeal.
Australia’s diverted profits tax, which imposes a tax of 40% on large multinationals’ diverted profits, has become law. Tax justice campaigners welcome the move, but multinationals are concerned.
Laurie Dicker has been appointed as the managing director of Anderson Tax’s US national tax office, based in Washington, DC. Dicker, who has more than 25 years of experience in transfer pricing, will be part of the firm’s transfer pricing practice.
Google’s latest accounts reveal the tech firm was charged £36.4 million ($45.3 million) in UK corporation tax last year, and claim its UK profits amount to £1 billion, however critics say such figures do not tally with reality.