Tax alert for CFOs.
| Position | First in ... |
[ILLUSTRATION OMITTED]
Finance directors, chief financial officers and other directors directly responsible for tax arrangements of large companies are to have their statutory duties reinforced by personal penalties of 5,000 [pounds sterling].
Draft legislation applies to senior accounting officers of companies with turnovers exceeding 200m [pounds sterling or gross assets exceeding 2bn [pounds sterling]. It does not apply to...
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