If your business is based in the UK, you will have a hard time denying your obligation to pay corporation tax.
From 2015 Britain will have one of the lowest corporation tax rates in the world.
British companies have faced a 19 per cent tax rise in recent years despite cuts made to corporation tax.
It has emerged that technology giant Microsoft pays no UK tax on £1.7 billion of online revenues.
David Cameron has demanded an investigation into large-scale tax avoidance enjoyed by international conglomerates.
The online auction site is the latest in a string of US companies to pay virtually no corporation tax in the UK.
Popular coffee chain Starbucks paid no UK corporation tax last year despite sales of £398 million.
HMRC has cracked down on BBC and civil servant freelancers who are being paid 'off the books'.
HMRC has decided calls regarding corporation tax will be dealt with through one of two call centres in Cardiff and Glasgow.
Corporation tax can seem complicated, but it’s important for
CEOs, board members and top level managers to understand the issues at stake so
that they can plan effectively for the future.