Tax publications

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Tax Function of the Future: Unlocking the power of data and analytics

Evolving trends are changing the way tax functions are operating – both day-to-day and with long-term strategic planning. The Tax Function of the Future will look surprisingly different from today's...are you prepared?
[2015]


Building Public Trust Through Tax Reporting

Examples of voluntary tax reporting from UK listed companies December 2015.
[2015]


Tax transparency and country-by-country reporting - An ever changing landscape

Several tax transparency regimes have been established or are being implemented across the world. Until now, these have focussed on the extractives industries but are extending towards logging and European financial services.
[2015]


The Total Tax Contribution Framework - A decade of development

The Total Tax Contribution Framework has a relevance today that could not have been foreseen when it was developed ten years ago. In the intervening years, the framework has been developed as a voluntary framework. As the debate around company taxes continues to gather momentum, it’s more important than ever that disclosures are made on a consistent basis.
[2015]


Global tax transparency and risk management - The new landscape prompts changes to operations, strategy and budgets

This is the second part in a thought leadership series exploring our predictions for the Tax Function of the Future looking at our predictions relating to global tax legislation and regulation, risk management and how legislative and regulatory change will mandate transformation.
[2015]


UK pocket tax guide 2015/16

A quick reference guide to UK tax rates, allowances and key rules for individuals, companies and other taxpayers.
[2015]


PwC's tax strategy and code of practice video HMRC consultation review

HMRC has now published its consultation on improving large business tax compliance on the detail of a series of new measures, which will have considerable impact on the way HMRC interact with large businesses across the UK.
[2015]


LNG Shipping – Transfer Pricing Considerations

For a while, LNG charter rates experienced significant increases and many multinational energy groups concluded intercompany charter transactions with these high rates. In the last two years; however, charter rates have started to go down and multinationals that locked into higher rates might need to revisit these to reflect the current and rapidly changing market conditions.
[2015]


Transfer Pricing for the Energy Industry in Africa and Middle East

The profile of transfer pricing in the energy sector is high on the agenda of most energy resource-dependent countries in Africa and the Middle East. This, together with the current economic and volatile energy market conditions, creates significant challenges for multinational groups operating in the region.
[2015]


Hot topic: PRA publishes its feedback on the Own Risk and Solvency Assessments (ORSAs)

The PRA has now reviewed a significant number of ORSAs and identified common areas of feedback. This hot topic provides a summary of both PwC and PRA’s view on where the market currently is with regards to ORSA’s.
[2015]


Reshaping the Tax Function of the Future - Predictions and insights

To remain relevant to the business, tax functions must chart a course for continuous transformation that is immediate, holistic and practical. Successful change will require reengineering ‘end-to-end’ processes, not just the final outputs.
[2015]


Permanent establishment risk review – what it means for you?

The permanent establishment (PE) threshold test is contained in many countries’ domestic tax laws and double tax treaties. It determines whether a business has sufficient activity in another territory to create a taxable presence in that other territory from a corporate tax perspective.
[2015]


The Total Tax Contribution Framework: some common questions

Frequently asked questions about the PwC Total Tax Contribution Framework
[2015]


Hot topic: PRA publishes final rules and supervisory statements on Solvency II

PRA has published final rules and supervisory statements ahead of Solvency II going live. This hot topic provides a summary of the areas that may be of most interest to insurers.
[2015]


Bringing the world to you: PwC's LNG transfer pricing network

LNG trade has increased four fold in the last two decades, and the game is continuing to change. With ever increasing scrutiny from governments, effectively managing transfer pricing will be a critical piece of the puzzle. At PwC we have deep transfer pricing experience spanning the full LNG value chain and we can help clients plan, implement, document and defend their transfer pricing arrangements across all stages of the LNG project life cycle.
[2014]


Paying taxes 2015: The global picture - The changing face of tax compliance in 189 economies worldwide

This is the tenth year that the Paying Taxes indicator has been part of World Bank Doing Business Project.
[2014]


Hot topic: Solvency II speeds up: approvals, matching adjustment and standard formula news

At the Solvency II Conference on Friday 17 October the PRA provided key information on what insurers must do to prepare for Solvency II in the months ahead.
[2014]


Paying for Tomorrow: The future of UK tax

A group of 14 senior business figures has set out recommendations on how the UK tax system should be reformed. From tiny start-ups to huge multinationals, the jury was a diverse group from different spheres of industry that might rarely come together in this way.
[2014]


Stand out for the right reasons - Demystifying Pillar 3: Getting implementation on track

Pillar 3 will require your business to disclose more information, more frequently and in much less time than ever before, creating big challenges for reporting processes, systems, data gathering and investor relations.
[2014]


Effective tax rate benchmarking

Sector specific tax benchmarking studies for companies to compare their tax rates against their peer group
[2014]


A tax system fit for the future: An economic perspective on Tax Reform

The UK economy is being shaped by economic and social changes like globalisation, technology. These forces have a significant impact on the way business operates and on the way in which government needs to operate and finance its activities.
[2014]


Country-by-country reporting under CRD IV

Country-by-country reporting under CRD IV
[2014]


New proposed transfer pricing documentation and country by country reporting requirements

Current OECD proposals to increase transparency for tax administrators with new country-by-country reporting and with more prescriptive and extensive transfer pricing documentation requirements are likely to further increase to this compliance burden that multinationals face.
[2014]


Transfer pricing considerations for gas pricing

The link between gas and oil prices continues to weaken as global supply, demand and trading patterns continue to change. When responses to these market changes affect intra-group transactions, tax Transfer Pricing can become a significant risk and impact a Group’s effective tax rate.
[2014]


Tax transparency - what are the UK's biggest listed companies reporting?

A review of the FTSE100 for 2013 year-ends
[2014]


Total Tax Contribution and the wider economic impact

Surveying the 100 Group
[2014]


Taxman Summer/Autumn 2013: Revealing the world of tax dispute resolution

Welcome to the Summer/Autumn 2013 edition of Taxman. In this edition, we explore the carrot by looking in detail at the new disclosure facilities and the differences between them that can, in some circumstances, make a big difference on a client’s final liability. We also explore the stick in reviewing the recent announcements from HMRC and the Crown Prosecution Service around the desire to significantly increase the number of criminal tax prosecutions in the years ahead.
[2013]


Total Tax Contribution - Surveying the Hundred Group

Survey of the Total Tax Contribution for The Hundred Group shows that Britain’s largest retailers are feeling the impact of a total tax rate that has increased by almost two-thirds over the past eight years.
[2013]


A changing tax system -Total tax contribution: results of The Hundred Group 2012 survey

A changing tax system: The results of the 2012 Total Tax Contribution survey for The Hundred Group.
[2013]


More transparency in tax reporting

Many water companies are in the firing line on questions about their tax contribution. Our recent report on tax transparency highlights the trends and shares insights on how leading companies talk about tax in a way that is easy for all their stakeholders to understand.
[2013]


Tax First November 2012

Our Tax First newsletter brings you a round-up of the past month's major tax news and issues. The Chancellor, George Osborne, delivers his Autumn Statement on 5 December 2012 followed by the publication of the draft clauses of Finance Bill 2013 on 11 December 2012. Our Autumn Statement webpage will bring you the latest insights and predictions and asks what the Mr Osborne needs to do to set a course for prolonged, sustainable recovery.
[2012]


UK steps up league table of effective tax systems

Paying Taxes compares tax systems across 185 economies by measuring total tax cost (the Total Tax Rate), number of payments and time to comply for a case-study flowerpot making firm.
[2012]


Tax First September 2012

Our Tax First newsletter brings you a round-up of the past month's major tax news and issues.
[2012]


UK resident holders of undeclared Swiss bank accounts face tax bill under UK/Swiss Tax Agreement unless action taken before 31 May 2013

In the Autumn of 2011 the UK and Swiss governments announced a new agreement to tax undeclared Swiss bank accounts. The agreement will raise significant revenue for the UK Government but still protect Swiss banking secrecy by allowing the UK account holders to retain anonymity albeit at a high price
[2012]


Understanding new tax reporting rules

Tax transparency and country-by-country reporting. Have you considered how new reporting requirements and frameworks affect you?
[2012]


The last opportunity for US taxpayers to settle their unpaid tax as the IRS reopens the Offshore Voluntary Disclosure Initiative

The US Inland Revenue Service (IRS) reopened the Offshore Voluntary Disclosure Initiative (OVDI) on 9 January 2012 to encourage taxpayers to come forward and disclose their offshore income, bank accounts, trusts and other foreign entities to avoid or evade tax, to comply with US tax laws.
[2012]


The Liechtenstein Disclosure Facility (LDF)

The LDF was created with the signing of an agreement of understanding between the UK and Liechtenstein in August 2009. It formally started on 1 September and has been extended to run until 5 April 2016. We have helped hundreds of people use the LDF to disclose untaxed offshore assets.
[2012]


Taxman Summer/Autumn 2012: Revealing the world of tax dispute resolution

Welcome to the Summer/Autumn 2012 edition of Taxman. In this edition we bring you all the latest on HM Revenue & Customs’ (HMRC) current campaigns as well as highlighting the latest issues in the world of tax investigations, with a particular focus on HMRC’s drive to tackle offshore tax evasion.
[2012]


Tax reporting implications of life tax reform

The Finance Bill 2012 - 2013 means significant changes for life companies, particularly in the accounts. PwC considers the key issues to help you form a view on how to reflect the changes in your tax balances.
[2012]


New rules for taxing a life assurance company: 2013 and beyond

The new rules for taxing life insurance companies as published in the Finance Bill, and effective from 1 January 2013, represent a fundamental rewrite of the life insurance taxation regime.
[2012]


Tax First April 2012

Our Tax First newsletter brings you a round-up of the past month's major tax news and issues.
[2012]


Tax First February 2012

Our Tax First newsletter provides tax professionals with a round-up of the past month's major financial news and a calendar of useful diary dates.
[2012]


The Total Tax Contribution of the UK Oil & Gas industry

Report looking at the size of the contribution the oil and gas industry makes to the UK public finances and how the UK tax system impacts the industry.
[2012]


Tax First January 2012

Our Tax First newsletter provides tax professionals with a round-up of the past month's major financial news and a calendar of useful diary dates
[2012]