Issue: Vol 0, Issue 1086

Analysis

• Practice guide: How to handle purchase of own shares
• CFC proposals: your at-a-glance guide
• Tax and the City: July 2011 update
• CFC proposals and general purpose exemption
• CFC proposals: FinCo & IP aspects
• The worldwide reach of FATCA
• VAT on reverse premiums & dilapidation payments
• Indirect tax in South America

In brief

• Discovery assessments: only as careful as your advisors

News

• Finance Act 2011 published
• LSS relaunch: HMRC to invite views on draft guidance
• Press watch: online gambling
• People and firms: Deloitte
• Press watch: Federation of Small Businesses on VAT
• Finance Bill: Revenue loss 'was allowed to grow’
• Disguised remuneration: sixty FAQs
• Belize, Dominica, Grenada and San Marino: exchange of information
• Qatar: double taxation relief
• HMRC target fast food ‘VAT abuse’
• Peers to debate critical report on Finance Bill
• Armenia: double taxation convention
• Loan relationships and derivative contracts: HMRC update
• Litigation and Settlements Strategy update ‘should help generate millions’ for Treasury
• Dishonest tax agents: a discussion document

Cases

• Tapsell, Tapsell & Lester (t/a The Granleys) v HMRC
• Test Claimants in the Thin Cap Group Litigation v HMRC
• C Shanthiratnam v HMRC
• D Demetriou v HMRC
• Mobilx Ltd (in administration) v HMRC (No 2)
• R v McIntosh; R v Marsden
• Enviroengineering Ltd v HMRC (No 2)
• DL Roberts v HMRC