News Roundup 16th June 2017 NEWS ROUNDUP TAX NEWS EU targets advisers who help tax dodgers Tax advisers in the EU will be penalised for helping companies shift profits to low-tax countries, under a draft law seen by Reuters. The measure, prepared by the European Commission, would force accounting firms, banks and other tax advisers […]

News Roundup 14th June 2017 NEWS ROUNDUP TAX NEWS Uber avoids £40m VAT with loophole Uber is avoiding about £40m tax a year by shifting responsibility for VAT payments to its 40,000 drivers, an investigation by Reuters found. The company is exploiting an EU rule on business-to-business sales across borders which allows it to treat […]

News Roundup 12th June 2017 NEWS ROUNDUP TAX NEWS Nations agree corporate tax avoidance crackdown About 70 countries including those in the EU, India, China and Australia, but not the US, will sign a pact today to tackle “base erosion and profit-shifting” – a move that could increase corporation tax take by 8-10%, says Deloitte’s […]