Apple ruling sparks angry reaction in US
Shawn Donnan in Washington
US political leaders reacted with anger on Tuesday to an EU decision to hit Apple with a record-breaking €13bn tax penalty, setting the stage for possible US retribution and highlighting the volatile ...
Tax wars are looming and the US has fired a shot across the EU’s bows
By Prem Sikka
Prem Sikka explains why tensions are simmering between the two powers
The US wants the European Commission
to think again about the way it deals with tax avoidance by
multinational corporations, many of whom are based in the US.
The US ...
Dealing with HMRC – guidance Offshore disclosure facilities
From: HM Revenue & CustomsFirst published: 15 December 2014Part of: Tax compliance and Tax agent and adviser guidanceThis guide explains new legislation that HM Revenue and Customs (HMRC) is consulting over regarding offshore evasion ...
US in last-ditch effort to quash Brussels tax demand on Apple
Barney Jopson in Washington and Arthur Beesley in Brussels
The US has launched a stinging attack on the European Commission in a last-ditch bid to dissuade Brussels from hitting Apple with a demand for billions of euros in underpaid ...
Regulators to dig deeper into worries over money-laundering checks
By Huw Jones | LONDON
Global regulators will try to get more insight into why major banks are withdrawing from handling cross-border payments, making it harder for people to send money to relatives and loved-ones abroad.
Banks say it has ...