Most countries adopt new rules in broad strokes; the UK embroiders them into baroque detail
A tariff is a tax, but a tax is not a tariff
The country’s windfall from overseas drug companies was aided by the US president’s own tax bill
The choice of ebit versus ebitda matters quite a bit for many companies
Consultants are helping clients lower the customs value of imports to cut the cost of new levies
Washington has told London it must change the levy to win carve-out from reciprocal tariffs
Deloitte, PwC and KPMG filing in potential $18bn case warns of ‘erosion of confidence’ in fairness of system
President threatens retaliation against ‘discriminatory’ levies on US multinationals
President orders officials to draw up retaliatory measures against ‘extraterritorial’ taxes
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs
Country’s fiscal bonanza at risk from US president-elect’s pledge to match low corporation tax rate
Parliament passes central bank reform that will set up a new monetary policy board
Good craic
Experts believe that countries will now be unlikely to apply rules over fears of retaliation from Trump-led administration
Companies criticise rise in employers’ national insurance contributions
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacks
Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reforms
Rome approves proposals targeting deferred tax payments and stock options in financial sector
Rupert Soames believes companies will judge October 30 measures ‘in the round’
A UK transparency levy would kick-start global efforts to make it harder to conceal business ownership and beneficiaries
Many proposals coming from both political parties make little sense and would upend the principles of a fair and efficient system
Bill Ford says his approach would not change if carried interest loophole is closed
Non-partisan Committee for a Responsible Federal Budget warns of heightened risk of ‘an eventual fiscal crisis’
Dublin spent €10mn on legal fees defending tax deal that European court says contravened EU rules
European Court of Justice confirms Ireland provided ‘unlawful aid’ via tax deal and overturns a lower court decision