On 22 July 2015, the UK HMRC launched public consultations on new proposals for improving large business tax compliance and strengthening sanctions for tax avoidance. Large Business Tax Compliance The proposals for improving large business tax compliance include: A legislative requirement for all large businesses to publish their tax strategy, enabling public scrutiny of their approach towards tax planning and tax compliance; A voluntary 'Code of Practice on Taxation for Large Business', which sets out the behaviors which HMRC expects from its large business customers; and A narrowly targeted 'Special Measures' regime to tackle the small number of large businesses...