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Tax disputes with tax authorities globally could cost FTSE100 companies £13.8bn, research by Thomson Reuters shows.
This figure Includes £11.7bn in extra tax related to disputes that the companies believe they will ultimately win, however, the FTSE100 set aside £2.1bn to cover the costs of these disputes last year.
In total FTSE100 companies were involved in 677 tax disputes globally that they believe are significant enough to be disclosed to their shareholders.
The high cost of tax litigation is partly due to the increasingly tough stance adopted by tax authorities in developed countries. There has been mounting pressure on governments to closely scrutinise the tax affairs of corporates and take steps to reduce evasion and avoidance.  ....

Brian Peccarelli , Jacob Rees Mogg , Thomson Reuters , Brazilian Institute For Planning , Customer Markets , Brazilian Institute , Rishi Sunak , ஜாகோப் ரீஸ் மாக் , தாம்சன் ராய்ட்டர்ஸ் , பிரேசிலியன் நிறுவனம் க்கு திட்டமிடல் , வாடிக்கையாளர் சந்தைகள் , பிரேசிலியன் நிறுவனம் , ரிஷி சுனக் ,