Oxford University Centre for Business Taxation
Saïd Business School Professor and Director of the Oxford University Centre for Business Taxation, Michael Devereux, was awarded a prestigious Honorary Fellowship by the Chartered Institute of Taxation (CIOT) on January 9.
The CIOT is the leading professional body in the UK for advisers dealing with all aspects of taxation, with 18,000 members. Membership is by examination, nationally recognised as the gold standard of UK taxation education.
Devereux was only the 30th recipient on an Honorary Fellowship in the 90 year history of the institute. Four other recent recipients have been previous Chancellors of the Exchequer: Kenneth Clarke, Geoffrey Howe, Nigel Lawson and Denis Healey. The director of legal research in the Centre for Business Taxation, Professor Judith Freedman, was awarded an Honorary Fellowship in 2017. Paul Johnson, the director of the Institute for Fiscal Studies, was also made an Honorary Fellow on January 9.
The award was presented by the CIOT President, John Preston, at the Annual President’s Lunch. The CIOT commented:
'Michael Devereux has made a huge contribution to the tax policy-making debate in the UK and internationally. As the first director of the Oxford University Centre for Business Taxation he, alongside Judith Freedman, has really put the Centre on the map and gained it a reputation for excellence in both research and conferences. His personal contribution to, in particular, high profile debate on where companies do and should pay tax on profit, has been notable.'