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...
by Alex Dunnagan | Jul 12, 2021
12th July 2021 This report is available as a PDF here. Summary Multi-national tech giants such as Facebook, Google, and Microsoft (operating out of their Irish subsidiaries) are failing to collect VAT on sales they make in Africa – even in countries where they have...
by Alex Dunnagan | Jun 8, 2021
TaxWatch analysis shows that package agreed at the G7 would lead to a tax cut for tech companies subject to the Digital Services Tax On Saturday 5th June G7 finance ministers announced an agreement on changing the tax rules for global multinational companies. The deal...
by Alex Dunnagan | May 27, 2021
Sports Direct worked with big four accountancy firm Deloitte on a VAT scheme that has led to litigation in several European countries. The findings have emerged in High Court papers lodged as part of an ongoing case brought by the Financial Reporting Council against...
by Alex Dunnagan | May 21, 2021
HMRC have filed an appeal to the Supreme Court seeking permission to make allegations of fraud in relation to an ongoing dispute with General Electric over a massive tax avoidance scheme. TaxWatch has made submissions supporting HMRC’s application. Should HMRC’s...
by Alex Dunnagan | May 12, 2021
• Furlough fraud and error set to cost between £3.5bn and £7bn • 5 known arrests for fraud so far concerning £5m in fraud • No civil penalties have yet been issued for furlough fraud • More investment required to tackle the scale of the problem Furlough fraud and...
