Friday, December 08, 2017

A Tale Of Many Countries


Total tax paid by the group in 2015-16 fell by $3.6bn, or 8.7 per cent, to $38.2bn. “By far the biggest thing to draw out of the data is just how big an impact commodity prices, in particular iron ore and coal, have on the corporate tax take,” deputy commissioner Jeremy Hirschhorn said

Corporate tax dodgers robbing poor: Oxfam


Higher profits and the new bank surcharge meant Britain's top businesses paid an extra 33pc in corporation tax last year. Members of the The 100 Group, which includes a majority of the FTSE 100 along with some of Britain's largest private firms, paid around £83bn in taxes last year, broadly the same as the year before  ...





Republicans wrangle over scale of corporate tax cuts





The due date for the report of the Senate Economics Reference Committee on its inquiry into Corporate Tax Avoidance [Click here to open this document] has been extended again, this time until 30 May 2018 (it was due to report on 6 December 2017).

The OECD has released an interactive map presenting key indicators and outcomes of the OECD work on international tax matters, with close to 150 countries and jurisdictions. The map allows countries to be compared on tax co-operation matters. Topics covered include Exchange of information on request; Automatic exchange of information (AEOI); and BEPS (Actions 5, 6, 13 and 14).