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This week in tax: Barclays faces tax scrutiny

This week Barclays’ tax affairs came under scrutiny after claims the bank avoided paying UK corporate tax via a Luxembourg structure, while the European Commission put forward its long-awaited proposal for an equity tax incentive. ....

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WIT Forum: Concern over work-life balance post-pandemic persists

The COVID-19 pandemic has worsened the work-life balance for many women tax professionals, said tax directors at ITR’s Women in Tax Forum in New York. ....

New York , United States , Telsha Huntley Shogbon , Vidya Harish , Women In Tax Forum , Corning Incorporated , Tax Forum ,

This week in tax: Probes, audits and indirect taxes dominate

Tax directors told ITR about their concerns over rising audits and the growing burden of tax compliance as governments around the world continue to pursue more tax revenue. ....

New York , United States , United Kingdom , Bruxelles Capitale , Leanna Reeves , Josh White , Don Shackley , European Commission , Women In Tax Forum , Indirect Tax Forum , Reporter Leanna Reeves , Public Notice , Tax Forum ,

This week in tax: UK imposes windfall tax on energy companies

The UK has opted to raise a 25% levy on the profits of energy companies to fund a relief package for households amid the cost-of-living crisis. Meanwhile, the OECD’s plans for tax reform have stalled. ....

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WIT Forum: Tax professionals relive pandemic TP disruption

Global companies had to make transfer pricing adjustments as COVID-19 affected supply chains, an industry event heard. ....

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