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Tax | BEPS rules failing to curb offshore profit shifting

The Netherlands and the UK, far from discouraging financial flows to low and no-tax financial centres, are actually encouraging them, according to the findings of an academic report by the University of Amsterdam which shows that BEPS has been slow to effect real change in corporate tax policy. Global Tax Weekly editorial team examines the findings

Business | Carillion replaces FD and management team

Troubled construction and outsourcing group Carillion, one of the contractors on the government’s high profile HS2 rail project, has announced that Zafar Khan, group finance director, has left the company with immediate effect, while it is implementing a number of executive management changes including bringing in an EY partner

Business | Renison: Brexit talks hint at awkward break-up

As the latest phase of Brexit negotiations raises more questions than answers, relations between the UK and EU sides seemed frosty to say the least, but there are signs that there could be some progress before the ciritical October meeting European Council meeting, explains Allie Renison, head of EU and trade policy at the Institute of Directors

Tax | HMRC hikes spend on counter-avoidance tax staff by 7%

HMRC has ploughed an additional 7% investment into the counter-avoidance directorate staff over the past 12 months, ahead of the introduction of the Criminal Finances Act 2017 at the end of this month which will make companies and partnerships criminally liable if they fail to prevent tax evasion by either a member of their staff or an external agent

Business | Finance Mole: unfamiliar territory

From tattoo advice to stair challenges a stressful day for Finance Mole makes him yearn for a spreadsheet, plus the Accountancy team gets a blast from the past and PwC holds one of the shortest audit reigns

Business | Farnell: when is an accountant not an ‘accountant’?

Hiring an accountant is not always as transparent as one might think as anyone can say they are an accountant, regardless of whether they have specific institute endorsed qualifications. Sean Farnell, partner at Burgis & Bullock, says it is high time this shoddy state of affairs was reviewed and calls for tighter controls on who can call themselves an accountant
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