Issue 1187

Analysis

• Deductibility of finance costs across Europe
• Effective intercompany agreements for transfer pricing
• Avoidance, pensions schemes & the GAAR
• CGT mitigation for employee shareholders
• Economics focus: Public finances on the mend
• The tax agenda for October 2013
• Adviser Q&A: New rules tackling ‘compensating adjustments’

In brief

• International transactions and partial exemption
• CJEU judgment on VAT tour operators’ margin scheme raises ‘big questions’
• Mind the (VAT) gap: Are our zero rates on the way out?

News

• Businesses ‘lose 12 days a year on tax admin’
• Cheaper HMRC telephone numbers unveiled
• CIOT unconvinced over HMRC’s ‘open data’ proposals
• Press watch: Tax dispute sees India freeze Nokia assets
• PM announces marriage tax break for 2015
• In brief: securities; charity trustees; VAT records; bulking imports; ATED; IHT; people
• Exam scheme employers face RTI reminder
• New sets of guidance cover DOTAS regime
• Update for note on apportioning the price for a going concern

Cases

• JG Taylor (Executor of J Taylor deceased) v HMRC
• BS Eyin v HMRC
• Nijjar Dairies Ltd v HMRC
• Peel Investments (UK) Ltd v HMRC (and related appeals)
• PJ Wright v HMRC
• Y Welter v Finanzamt Welbert
• Ms A Khoshaba (t/a Cinnamon Cafe) v HMRC
• Serebryannay vek EOOD v Direktor na Direktsia ‘Obzhalvane i upravlenie na izpalnenieto’ – Varna pri Tsentralno upravlenie na Natsionalna agentsia za prihodite
• European Commission v Kingdom of Spain
• European Commission v Republic of Poland

One minute with

• One minute with... Catherine McKinnell

Ask an expert

• Ask an expert: ATED property rental business relief

Practice guides

• Effective intercompany agreements for transfer pricing

Reports

• Deductibility of finance costs across Europe