Britain becomes haven for U.S. companies keen to cut tax bills
By Tom Bergin LONDON (Reuters) - Nothing about the narrow cream-colored lobby at 160 Aldersgate Street in the City of London financial district gives a hint of its role at...
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North Sea tax change to end drillers’ 20-year tax holiday
LONDON (Reuters) - A planned change in the way Britain taxes North Sea drillers exposes the loophole in a system that allowed an industry with annual revenues of 2 billion...
Western corporate bosses pull out of Russian economic forum
MOSCOW/LONDON (Reuters) - Around a dozen chief executives and chairmen of major U.S. and European corporations have withdrawn from an economic conference in Russia as pressure between Moscow and the...
Insight: Push for tax-avoidance curbs in G-20 threatens Publicis-Omnicom deal
LONDON (Reuters) - International pressure to curb corporate tax avoidance is behind delays to a $35 billion merger of French advertising group Publicis and U.S. rival Omnicom, and could even...
Starbucks to move European base to London, pay more UK tax
LONDON (Reuters) - Starbucks Corp will move its European headquarters to London from the Netherlands this year and pay more tax in the UK as a result, the company said...
Tax burden on wages in rich countries rose again in 2013: OECD
LONDON (Reuters) - Taxes on wages rose across industrialized countries last year, as governments sought to reduce budget deficits blown out by efforts to tackle years of economic weakness following...
UK court ruling may prompt more scrutiny of Amazon tax plans
LONDON (Reuters) - Amazon's tax affairs could come under more scrutiny in Britain, tax experts said, after a judge questioned whether it really was organized in the tax efficient way...
UK court ruling may prompt more scrutiny of Amazon tax plans
LONDON (Reuters) - Amazon's tax affairs could come under more scrutiny in Britain, tax experts said, after a judge questioned whether it really was organized in the tax efficient way...
London’s lucrative Russia ties hang over sanctions debate
LONDON (Reuters) - Britain's Office for National Statistics says as many of the country's residents were born in Mauritius and Cyprus as in Russia. The fact British newspapers haven't coined...
Foreign companies in Turkey face squeeze
LONDON/VIENNA (Reuters) - Foreign companies in Turkey are beginning to feel the effects of a sagging currency, rising inflation and a growing political power struggle, adding to fears the country...