Tuesday 6 September 2016

Finance Bill 2016 - Third match of the day. Worth the wait?


Like the third big name match on Centre Court at Wimbledon, the Finance Bill debate today had to wait its turn. And the preceding games were certainly four set, if not five set marathons, with David Davis on Brexit and Jeremy Hunt on the junior doctors.

So it was nearly 7:30pm before we started. Everyone settled down for some long rallies, including on public country-by-country reporting ("CBCR").

Here are some highlights of the debate as it related to direct taxes, and tax transparency.