by Alex Dunnagan | Sep 23, 2021
The deal TaxWatch has written to the Public Accounts Committee (PAC), the National Audit Office, and the Treasury Committee, requesting that inquiries be held into an out of court settlement between HMRC and General Electric (GE). Following a lengthy tax dispute...
by Alex Dunnagan | Sep 23, 2021
TaxWatch research has been published by Transparency International, looking at the UK’s reform of its Controlled Foreign Company (CFC) regime in 2012, which exempted some UK-based multinational companies from anti-tax avoidance rules. The research piece analyses...
by Alex Dunnagan | Sep 16, 2021
An analysis of HMRC’s latest Tax Gap estimates by TaxWatch has found that the amount of tax lost to fraud in 2020 was at least £15.2bn. The figures produced by TaxWatch are based on an evaluation of HMRC’s analysis of taxpayer behaviours underlying their annual...
by Alex Dunnagan | Jul 28, 2021
In an order dated 8 July 2021 The Supreme Court has granted permission to HMRC to appeal a decision of the Court of Appeal preventing the tax authority from making allegations of fraud against GE in relation to an ongoing tax dispute. A previous decision from the...
by Alex Dunnagan | Jul 12, 2021
African countries are missing out on significant tax revenues because multinational tech giants are failing to collect and pay VAT on services, according to new research. A new report published by TaxWatch finds that Microsoft, Google and Facebook are not collecting...
