UK corporations pushing to weaken tax authorities

Multinational corporations in the UK are pushing hard behind the scenes to weaken Britain's tax authorities, as part of the Onward March of Tax Haven UK. In his testimony in the parliament about recent corporate tax changes, Tax expert Richard Brooks said, “These are self-evidently very generous moves that encourage tax haven activity in the face of global pronouncements against offshore activity in the wake of the recent financial crisis.”

Article was originally published in Tax Justice Network Blog on 8/1/2011. See a related article.