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TAX NEWS

Directors of insolvent companies which used tax avoidance schemes could face huge bills

Directors of insolvent companies which used tax avoidance schemes could face huge bills
A court judgment could see company directors and shareholders pursued for millions of pounds for funds paid into tax avoidance schemes.The ruling, handed down by Chief Insolvency and Companies Court Judge Briggs, will see the directors and shareholders of ...

EU removes Belize from its tax haven blacklist: statement

EU removes Belize from its tax haven blacklist: statement
BRUSSELS (Reuters) - European Union finance ministers removed on Friday the Central American country of Belize from the bloc’s blacklist of tax havens, according to an EU document. “Belize has passed the necessary reforms to improve its tax regime for ...

OECD proposes global minimum corporate tax rate

OECD proposes global minimum corporate tax rate
Tech giants and other large multinationals could soon face a global minimum levy.Technology giants such as Facebook and Apple, and other large multinationals, could soon face a global minimum level of corporate taxation under new proposals from ...

Ex-Formula One boss Bernie Ecclestone, 88, is set to settle his record £1BILLION tax ...

Ex-Formula One boss Bernie Ecclestone, 88, is set to settle his record £1BILLION tax demand with HMRC after a 20-year battle
Bernie Ecclestone is reportedly about to settle a record-breaking £1billion tax bill after fighting with the HMRC for more than 20 years.  The former Formula One chief executive, 88, has continually denied owing up to £1billion and there is no suggestion...

Lebanon scraps WhatsApp tax as protests rage

Lebanon scraps WhatsApp tax as protests rage
Protests raged for a second day in Lebanon despite the government backtracking on plans to tax WhatsApp calls. The government had announced a $0.20 (£0.16) daily charge on voice calls made through WhatsApp and other apps. But it scrapped the plans hours ...

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Who's behind the blog

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