The Supreme Court agrees with the taxpayers in NCL that they are entitled to a deduction as a trading expense in respect of their accounting debits recognised on the grant of share options to their respective employees by an employee benefit trust. The Court of Appeal rules that the Danish tax authority is entitled to bring claims in the UK courts to reclaim Danish withholding tax refunds made in error. Latest developments on the global minimum tax include the publication by the OECD/IF of commentary on the model rules and a one-year delay to implementation in the EU, although the draft directive has yet to be unanimously agreed.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
The Supreme Court agrees with the taxpayers in NCL that they are entitled to a deduction as a trading expense in respect of their accounting debits recognised on the grant of share options to their respective employees by an employee benefit trust. The Court of Appeal rules that the Danish tax authority is entitled to bring claims in the UK courts to reclaim Danish withholding tax refunds made in error. Latest developments on the global minimum tax include the publication by the OECD/IF of commentary on the model rules and a one-year delay to implementation in the EU, although the draft directive has yet to be unanimously agreed.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
90a1d87b-c1b5-43c3-a720-cd324830adee.tmb-editorspic.jpg?sfvrsn=1b2d0a7e_1)
