Issue: Vol 0, Issue 1065

Analysis

• Practice guide: Forex gains and losses - pitfalls & opportunities
• Evaluating tax clear-up projects
• Thomason and EIS
• The use of SARs in tax collection
• New penalties for offshore tax evasion
• Tax and the City: February '11 review
• Exclusive: Aaronson on the GAAR study

In brief

• Revenue consultations: has the leopard changed its spots?
• Hawkeye Communications: costs in current cases before the FTT

News

• People and firms: KPMG
• Chargeable gains: Indexation allowance
• Press watch: Tax avoidance protestors target banks
• Consultation: Business Payment Support Service
• VAT: Sports league providers
• HMRC: Tell us about suspected tax avoidance
• OECD: Tackling aggressive tax planning
• Climate change levy: Northern Ireland
• Mauritius stock exchange
• Tax transparency: Countries fall short
• Switzerland DTA: protocol
• People and firms: Mazars
• Pension schemes: regulations
• iXBRL: HMRC ‘will be reasonable’ about mistakes
• Project Merlin: Banks ‘expect a level playing field’
• International tax enforcement, penalties, NICs and CCL: Draft regulations
• Authorised Investment Funds: regulations
• VAT capital goods scheme: regulations
• HMRC manuals updated
• MPs’ earnings for NIC purposes: regulations
• Campaigners slam foreign branch tax reforms
• HMRC launches ‘alternative dispute resolution’ pilot for SMEs
• HMRC settlements: No sweetheart deals, says Gauke

Cases

• Skandinaviska Enskilda Banken AB Momsgrupp v Skatteverket
• Deutsche Bank Group Services (UK) Ltd v HMRC
• MBF Design Services Ltd v HMRC
• P Whight v HMRC
• AW Kerr (t/a Grantham House) v HMRC
• Relief for losses on shares in trading companies
• Stewart Fraser Ltd v HMRC

Practice guides

• Practice guide: Forex gains and losses - pitfalls & opportunities