Your monthly round-up of tax issues affecting the City, by Mark Middleditch (Allen & Overy).
Mark Watterson and Gary Barnett (Simmons & Simmons) examine the decision in Norseman Gold where the Upper Tribunal denied input VAT recovery to a holding company providing management services for lack of consideration.
Philip Fisher (BDO) examines the recent Supreme Court ruling.
Lee Squires and Fiona Bantock (Hogan Lovells) provide a round-up of recent developments, including: the CJEU decision in Minister Finansów v Aspiro SA; the Court of Appeal cases of Davis & Dann and BPP Holdings; and the Upper Tribunal decision in Bratt Auto.
Key measures introduced in Finance Bill 2016 plus detailed analysis, prepared by Claire Hooper (EY).
Ashley Greenbank (Macfarlanes) reviews the new Business Tax Roadmap which sets the tax agenda for the current parliament.
Heather Self (Pinsent Masons) examines the First-tier Tribunal case of Stagecoach, the latest case involving a complex intra-group financing scheme.
The Budget backfired badly, and ended up creating more political difficulties than George Osborne’s previous seven. Only if the EU referendum is won will this be forgotten, writes David Smith.
Stephen Pevsner (King & Wood Mallesons) examines the new financial products hallmark introduced into the DOTAS rules in February. Are concerns over their scope overstated?
Helen Adams and Andrew Park (BDO) on Gold Nuts Ltd and the interaction between HMRC’s contractual disclosure facility in cases where fraud is denied and a taxpayer’s human rights.