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Great work from our comrades at Taxwatch UK Revealing how power works and the role of Switzerland in the global commodity trading and tax dodging system. See also, CICTAR's work on Starbucks and Glencore!
1mo
www.cictar.org
Centre for International Corporate Tax Accountability and Research
Our new investigation in today's @theobserveruk.bsky.social More here: taxwatchuk.org/private-just... #tax #oil #energy #markets #iranwar
1mo
While consumers' fuel bills go up, a £1.5 billion tax bill levied on one of the world’s biggest oil traders remains unsettled. This week it announced bumper trading profits amidst the global oil suppl...
taxwatchuk.org
Private justice, public loss
TaxWatch
HMRC could lose £1.5bn Glencore tax dispute in secret ‘all or nothing’ process Barney Macintyre reports that fifteen years after launching the long-running case, the taxman stands to lose the lot if a panel of foreign arbitrators rules in favour of the commodities giant https://bit.ly/4uKhFOb
1mo
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Fifteen years after launching the long-running case, the taxman stands to lose the lot if a panel of foreign arbitrators rules in favour of the commodities giant
HMRC could lose £1.5bn Glencore tax dispute in secret ‘al...
The Observer