Posts Tagged ‘tax avoidance’

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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.

The EU executive has announced a further clampdown on offshore tax avoidance and shell companies in response to the Panama Papers.

The United Kingdom is unlikely to try to lure international investment by becoming a tax haven after it leaves the European Union, according to an internal memo prepared by the body responsible for the drafting international tax rules.

Another 36 jurisdictions have signed up to new rules on corporate tax avoidance as a global crackdown on aggressive tax planning picks up speed.

The government has outlined its next steps to crack down on tax avoidance by multinational companies.

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