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TAX NEWS

China firms caught up in billion-shilling tax probe

China firms caught up in billion-shilling tax probe
By EDWIN OKOTH  Several Chinese multinationals are under investigation by the Kenya Revenue Authority (KRA) over allegations of tax evasion that could run into billions of shillings.  In the past few weeks, three Chinese multinationals have ...

Apple tax ruling must be overturned, says US business group

Apple tax ruling must be overturned, says US business group
By Rob Davies US businesses have warned European leaders they risk a “grievous self-inflicted wound” unless they overturn Brussels’ demand that Apple pay the Irish government €13bn (£11.4bn). In an open letter to the leaders of the 28 European ...

Ikea on EU Radar as Vestager Looks Beyond Apple’s Tax Billions

Ikea on EU Radar as Vestager Looks Beyond Apple’s Tax Billions
September 14, 2016 — 10:45 AM EESTUpdated on September 14, 2016 — 12:08 PM EEST By Gaspard Sebag, Francine Lacqua   - EU examining allegations by Green lawmakers targeting Ikea - Any probe could relieve criticism that ...

EU states warm to tax avoidance measures

EU states warm to tax avoidance measures
By ALEXANDER SAEEDY The EU is accelerating towards stronger legislation on corporate tax in the wake of the European Commission's order to Apple to pay a record-breaking €13 billion of tax in Ireland.At a meeting in Bratislava, finance ministers ...

Dealing with HMRC – guidance Offshore disclosure facilities

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 ...

Who's behind the blog

Who's behind the blog

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