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TAX NEWS

McDonald’s new menu: less transparency, more tax havens

McDonald’s new menu: less transparency, more tax havens
Press Release – 14th May 2018 Embargoed until Monday 14th May at midday (May 14, 2018) Today we release a new report on McDonald’s tax practices, focusing on the company’s use of tax avoidance mechanisms in Europe and low-tax and secrecy jurisdictions around...

HMRC accused of ignoring online VAT fraud worth £1.2bn a year

HMRC accused of ignoring online VAT fraud worth £1.2bn a year
Campaigners say no rogue traders have been prosecuted for selling wares on Amazon and eBay without VAT.HM Revenue & Customs has been accused of being soft on billions of pounds of VAT fraud committed by rogue traders using online marketplaces such ...

Tax-haven transparency won’t stop money laundering in Britain

Tax-haven transparency won’t stop money laundering in Britain
Whatever ministers say, questionable companies can hide in plain sight. Just look at the case of Business Bank Italy Limited.Britain’s overseas territories are to be forced to adopt public registers of company ownership by the end of the decade. That’s a ...

'Dirty money': U-turn as Tories back plans to make tax havens transparent

 'Dirty money': U-turn as Tories back plans to make tax havens transparent
Government says it will support amendment to introduce public ownership registers in Britain’s overseas territories.Britain’s overseas territories will be forced to adopt public registers of company ownership at the end of the decade after the government ...

Australian nursing home giants shifting millions in profits offshore, report finds

Australian nursing home giants shifting millions in profits offshore, report finds
Companies including Bupa and Opal paying minimal tax while receiving hundreds of millions in government subsidies.Australia’s largest aged care providers are shifting profits offshore and paying minimal tax, all while receiving hundreds of millions of dollars ...

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Who's behind the blog

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