The new UK tax charge on multinationals using intangibles held in low tax jurisdictions to generate UK revenue could give rise to "serious" compliance issues for non-UK companies as well as their UK affiliates, according to Jason Collins , a tax disputes expert...
Tax rulings in the Netherlands are being scrutinised by the European Commission in an investigation into whether sports goods manufacturer Nike has benefited from illegal state aid.
Multinational companies will be given the opportunity to disclose any cross-border arrangements that divert UK profits overseas and settle the associated tax liability, HM Revenue and Customs (HMRC) has announced.
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