by Alex Dunnagan | Oct 7, 2021
New analysis from TaxWatch reveals how the US Government is set to be the big winner from increases in taxes on big tech arising from the global tax negotiations currently underway under the auspices of the G20/OECD. In our latest research, we have analysed the gains...
by George Turner | Sep 27, 2021
In June 2021 the G7 announced that it had reached an agreement on proposals to change the way that the largest multinational companies are taxed. This included a mechanism to redistribute profits to countries where sales are made (such as the UK), often referred to as...
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...
