In the six years since the Brexit vote, the EU and UK has begun to diverge on tax policies. Alex Smith and Christiaan Van Der Valk of Sovos assess the current tax landscape

High net worth individuals with non-domicile status legally avoid paying more than £3.2bn of tax on at least £10.9bn of offshore income a year

Kreston Global has set up a specialist global transfer pricing division, responding to demand from international clients, and expanding services to compete with Big Four firms

HMRC is targeting hundreds of UK customers of a collapsed Puerto Rican bank linked to tax evasion and money laundering

Global tax authorities have a negative perception of the transparency of multinationals when it comes to tax as well as low levels of trust in the Big Four firms

The US Internal Revenue Service (IRS) plans to waive penalties for late returns for US businesses and individual taxpayers who missed filing deadlines at the height of the covid-19 pandemic

The OECD has confirmed that plans for a global digital tax for multinationals will come into effect from 2024

The Treasury is consulting on plans to modernise the tax treatment of foreign sovereign investors, such as heads of state and sovereign wealth funds, to bring the UK in line with the US and Australia

HMRC is working with Puerto Rico authorities to investigate hundreds of UK taxpayers who used the Euro Pacific Bank to evade UK taxes

McDonald’s has come to a €1.25bn (£1.07bn) settlement in court in France to settle a long-standing tax dispute over royalties which were siphoned through Luxembourg to avoid tax

The Treasury has confirmed that it will delay the introduction of the 15% global base tax rate until the end of 2023, as OECD progress on the tax stalls

The common reporting standard has given HMRC the ability to access the financial details of taxpayers stashing money offshore, helping to close the tax gap, explains Andrew Park, tax investigations partner at Andersen