ICAEW: The government’s paper, Tackling Tax Avoidance and Evasion, published the day after the Budget raises some important questions for the profession.
Responding to ongoing public concern, this paper talks about the Government’s track record in clamping down on tax evasion and avoidance – for example the General Anti-Avoidance Rule and the Diverted Profits Tax included in the Finance Act - as well as floating further action.
Full story: http://www.ion.icaew.com/MoorgatePlace/post/Our-response-to-concerns-about-the-tax-profession-s-role-in-tax-avoidance-?