From Financial Times – June 1…
REVENUE RECRUITS PRIVATE SECTOR EXPERTS IN TAX AVOIDANCE BATTLE
Revenues & Customs have appointed tax experts from the private sector in a bid to tackle aggressive tax avoidance, a new report by the Paris-based Organisation for Economic Co-operation and Development has revealed. The OECD report, which followed a consultation with the private sector, stated that there was “broad support” for the idea of tax authorities employing staff from the private sector as this would improve the tax authorities’ understanding of the complexities of the tax affairs of wealthy individuals. Dave Hartnett, permanent secretary for tax at Revenue & Customs, recently said the body had learnt a lot from hiring bankers and lawyers who had lost their jobs in the credit crunch.
