THE BIG REVEAL

摘要

A long-standing feature of the mainstream news cycle, tax avoidance, and in particular aggressive corporate tax avoidance, has been a persistent irritant for the government. Hitherto, censure before parliamentary committees, international co-ordination in the form of the OECD's Base Erosion and Profit Shifting (BEPS) project and new deterrents such as the diverted profits tax have made up the bulk of the arsenal against it. Now, large companies are required to publicly state their position on taxation with publication of their corporate tax strategy.