Large businesses artificially shifting profits from one country to another to pay less tax is a significant tax risk.35 We asked HMRC how it could assure us that it fairly and consistently pursues such businesses. HMRC responded that it is a priority to make sure large businesses pay the amount of tax that fairly represents the profits they make in the UK. HMRC told us that it has already increased its international tax expertise, trebling the funding it provides for the advanced diploma in international taxation and recruiting external specialists. HMRC told us that these specialists work together to ensure that disputes involving diverted profits receive consistent treatment, subject to international guidelines and evidence-based decisions.36 International tax risks