HMRC consultation on improving large business tax compliance | Practical Law

HMRC consultation on improving large business tax compliance | Practical Law

On 22 July 2015, HMRC launched a consultation on improving large business tax compliance. The proposals include compelling large businesses to publish their tax strategies, a voluntary code of tax practice, and "special measures" for those that persistently undertake aggressive tax planning or resist transparency in dealings with HMRC.

HMRC consultation on improving large business tax compliance

Practical Law UK Legal Update 5-617-6378 (Approx. 6 pages)

HMRC consultation on improving large business tax compliance

Published on 24 Jul 2015United Kingdom
On 22 July 2015, HMRC launched a consultation on improving large business tax compliance. The proposals include compelling large businesses to publish their tax strategies, a voluntary code of tax practice, and "special measures" for those that persistently undertake aggressive tax planning or resist transparency in dealings with HMRC.