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Mutual assistance in tax recovery: consultation

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HMRC are consulting on draft regulations to give effect to the new EU Mutual Assistance in Recovery Directive, Council Directive 2010/24/EU (‘MARD’).

‘In essence, the directive provides that the requested state must treat the applicant state claim as a domestic claim and enforce it accordingly,’ said Jonathan Levy and Matthew Greene, writing in Tax Journal (4 August 2011).

The regulations, to be made under powers contained in FA 2011 Sch 25, will take effect from 1 January 2012. Comments are invited by 11 November 2011.