Issue 1150

Analysis

• The tax agenda for December 2012
• Leasing and the new CFC rules
• OECD’s revised proposals on ‘beneficial ownership’
• Back to basics: R&D tax credits
• The AG opinion in EC v Ireland on VAT groups
• Ask an expert: An unusual earn-out
• Special report: The Autumn Statement

In brief

• VAT, TOGCs and property acquisitions: next steps
• Bringing expatriates into PAYE real time information

News

• Press watch: The Times wins journalism award for tax avoidance series
• Autumn statement: Tax avoiders may be denied government contracts
• Mis-selling review services: VAT exemption withdrawn
• Polytunnels may be plant, says HMRC
• Company cars: New advisory fuel rates for LPG vehicles
• HMRC seeks chair of GAAR advisory panel
• Autumn statement: Tax experts urge caution on general anti-abuse rule
• Autumn statement: Tax avoidance schemes blocked
• Autumn statement: Further reduction in corporation tax rate
• Autumn statement: Ten-fold increase in annual investment allowance
• Tax avoidance: Big four accountancy firms under scrutiny
• Tax experts defend Tui Travel as BBC journalist claims offsetting trade losses is ‘controversial’
• Tax professionals air frustration amid anti-avoidance ‘uproar’
• ‘Understandable misunderstandings’ have fuelled tax avoidance debate, say academics
• First Nationwide: HMRC guidance on distributions
• VAT notices updated
• Osborne announces ‘new funding’ of £77m for HMRC
• Taxing the multinationals: Arm’s length principle ‘has benefited the UK’
• MPs denounce multinationals over ‘immoral’ tax avoidance
• HMRC needs a change in mindset to tackle tax avoidance, say MPs
• Amazon disclosed sales of £3.35bn ‘from the UK’
• Google ‘undermined its own argument’ in defending tax arrangements, say MPs
• Starbucks reviews UK tax arrangements
• PAYE RTI: HMRC relaxes ‘patently absurd’ reporting deadline
• HMRC defers PAYE RTI penalty
• VAT invoicing: regulations
• VAT and removal of goods: regulations
• Accenture under scrutiny: HMRC response

Cases

• MJP Media Services Ltd v HMRC
• J Okolo v HMRC
• Finanzamt Steglitz v I Zimmermann
• Daňové riaditeľstvo Slovenskej republiky v Profitube spol sro
• European Commission v Ireland
• Dixons Retail PLC v HMRC
• HMRC v Total Technology (Engineering) Ltd
• C Reid v HMRC
• Atlantic Electronics Ltd v HMRC (No. 4)

One minute with

• One minute with ... Patrick Cannon

Reports

• Special report: The Autumn Statement