Issue 1206

Analysis

• Loan relationships: impairment losses and debt releases
• Private client briefing for February 2014
• International briefing for February 2014
• Cross-border group relief: the final Supreme Court judgment in M&S
• Q&A: HMRC’s revised guidance on LLP tax rules

In brief

• Knowing me, knowing uniform
• The OECD’s common reporting standard
• How fair is the fair tax mark?

News

• Long-awaited revised LLPs guidance unveiled
• Campaign targets evasion by offshore account holders
• DOTAS guidance reissued
• ‘Working wheels’ marketed scheme fails at tribunal
• New global standard for automatic exchange of tax information
• HMRC publishes draft PAYE regulations
• Government publishes roadmap for social investment relief
• Bittersweet victory for M&S
• In brief: BEPS; OECD model tax convention; DTAs; guidance
• Press watch: HMRC challenges big business over accounting standards

Cases

• Paul Daniel v HMRC
• PD Curtis v HMRC
• Standfast Corporate Underwriters v HMRC
• Bristol & West v HMRC
• Flanagan and two others v HMRC
• Aspect Capital v HMRC
• HMRC v Marks and Spencer

One minute with

• One minute with... Tina Riches

Ask an expert

• Ask an expert: Shared joint venture

Practice guides

• Loan relationships: impairment losses and debt releases