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Darling announces tax working group membership

The CBI’s Richard Lambert, HSBC’s Douglas Flint and Nicolas Moreau from Axa have been appointed to a new multinational tax forum.

Alistair Darling announced plans to create the group, which will be chaired by Financial Secretary to the Treasury Jane Kennedy, last month.

The group will discuss ways in which the tax system can providemultinational companies long-term certainty in the face of increased competitiveness and other global challenges.

Other members include Julian Heslop from GlaxoSmithKline, Hanif Lalani from BT Group, Unilever’s James Lawrence, Andrew Shilston from Rolls-Royce Group, BP’s Dr Byron Grote and Kingfisher’s Duncan Tatton-Brown.

The Treasury has also invited economists Dr Andrew Mclaughlin from Royal Bank of Scotland, Professor Michael Devereux from Said Business School, Adam Lent from Trades Union Congress and HMRC’s Dr Parthasarathi Shome to join the group.


Remittance man

This week I would like to start with a consideration of the fundamentals of the remittance basis.

Now it is the banks’ turn to bite bullet

The editorial of May 8 was a balanced, comprehensive and insightful view, except for the first sentence. IFAs will always will be under a clear and present danger with regulation in its current form. That does not have to be a lament, merely a recognition of the facts. Bear in mind that, under Howard Davies, we had depolarisation. It would appear that we are now to have polarisation back again.


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