Tag Archives: corporation

F1 Team Cannot Deduct Fine Against Tax

The British F1 racing team McLaren have lost their battle to deduct a sporting fine against corporation tax. McLaren were fined £32m by the FIA, motor sport governing body, for wrongly having technical data about another team. The Upper Tax … Continue reading

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Parliament Reports on Multinationals and Tax Avoidance

The House of  Lords Economic Affairs Committee has reported that there is a sense some multinationals can operate to treat UK tax as  voluntary. They noted the steady stream of stories about foreign-owned companies  clearly doing good business here but paying … Continue reading

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Blockbuster UK embroiled in tax outcry

Blockbusters has tax trouble too. This article is interesting (despite the muddle of prepositions): http://www.mcvuk.com/news/read/blockbuster-uk-embroiled-in-tax-outcry/0109888 Eamon McNicholas Tax Barrister,Accountant http://www.EamonMcNicholas.com

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