FTSE 100 has £4.5bn at risk in tax disputes
FTSE 100 companies have up to £4.5bn at risk from tax disputes, most commonly arising from changes in legislation in emerging markets, according to research by Thomson Reuters.
Analysis of annual reports shows that the UK’s biggest companies recorded £4.5bn in potential liabilities related to tax disputes last year, plus an additional £10.2bn in potential liabilities related to cases that they believe they will win, which should not result in any significant financial loss.
Read more at the Accountancy Daily.
