corporate responsibility News
Australia Carries Out Panama Papers Tax Investigations
by Mary Swire, Tax-News.com, Hong Kong
Thursday, September 8, 2016
In response to analysis of data leaked as part of the Panama Papers, Australia's Serious Financial Crime Taskforce has carried out a "week of action" against those suspected of tax evasion. Read Full Story
Yahoo Announces Tax-Free Spin-Off Of Alibaba Shares
by Mike Godfrey, Tax-News.com, Washington
Thursday, January 29, 2015
Search engine company Yahoo! announced on January 27, 2015, that it had agreed a plan for a tax-free spin-off of the company's remaining holdings in Alibaba Group. Read Full Story
German Federal Court Rules On GmbH MD Fiduciary Duties
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, May 9, 2013
Managing Directors working at German limited liability companies, but not formally appointed as such, are required under law to take on general fiduciary responsibilities for the firms they work for. Read Full Story
Google Head Defends UK Tax Arrangements
By Amanda Banks, Tax-News.com, London
Wednesday, April 24, 2013
In an interview with the BBC, Google executive chairman Eric Schmidt has defended the company against criticisms that it pays too little tax in the UK. Read Full Story
Bermuda Relaxes Beneficial Owner Reporting Rules
by Amanda Banks, Tax-News.com, London
Tuesday, February 26, 2013
The Bermuda Monetary Authority has announced that it has increased the threshold above which beneficial owners of stakes in companies or partnerships, or companies that are subject to exchange control requirements, must disclose personal information to the Authority, to 10% from 5%. Read Full Story
Cameron Slams Aggressive Tax Avoidance During India Visit
By Robert Lee, Tax-News.com, London
Tuesday, February 19, 2013
British Prime Minister David Cameron has questioned the distinction between illegal tax evasion and "aggressive" tax avoidance, promising "a real debate" on transparency and fairness while the UK chairs the G8 during 2013. Read Full Story
UK Tax Experts Give Evidence On Tax Avoidance
By Amanda Banks, Tax-News.com, London
Wednesday, February 6, 2013
In response to questioning by members of the House of Commons Public Accounts Committee, UK Tax Heads from the "Big Four" accountancy firms denied that they help companies to avoid paying their fair share of tax and rejected the suggestion that they should be excluded from receiving contracts in the public sector. Read Full Story
US Multinational Profits Drawn To Low-Tax Territories
by Mike Godfrey, Tax-News.com, Washington
Wednesday, February 6, 2013
A new study from the US Congressional Research Service shows that over the past decade, US multinationals have declared greater shares of their profits in low-tax jurisdictions. Read Full Story
WPP Chief Comments On UK Corporate Tax Row
by Robert Lee, Tax-News.com, London
Friday, January 4, 2013
Sir Martin Sorell, the chief executive of global advertising and marketing firm WPP, has waded into the row over how much multinational corporations pay in tax to the UK Exchequer, saying that these amounts are often "a question of judgment." Read Full Story
Australia Progresses Directors' Liability Reforms
by Mary Swire, LawAndTax-News.com, Hong Kong
Friday, September 21, 2012
Legislation introduced by the Australian government will establish a nationally consistent approach to the imposition of personal criminal liability on directors for corporate fault. Read Full Story
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