issue 1220

Analysis

• The employee ownership business model
• Withholding tax after Perrin and Ardmore
• Briefing on HMRC’s new Counter-Avoidance Directorate
• Reflections on tax and the City
• Birmingham Hippodrome Theatre Trust: HMRC’s set-off powers
• Adviser Q&A: Tax and the Queen’s Speech

In brief

• Debate: Does the accelerated payment regime go too far?

News

• EU investigates Apple and Starbucks’ transfer pricing arrangements
• City solicitors bemoan government's ‘lack of respect for legislation’
• Consultation seeks ‘fairer way’ of calculating trusts’ IHT charges
• EC adopts communication on transfer pricing
• Reverse charge set for gas and electricity supplies
• Queen's Speech unveils raft of tax Bills
• In brief: registered pension schemes; ISAs; FATCA; HMRC guidance

Cases

• Suffolk Constabulary v HMRC
• Shepherds Bookbinders v HMRC
• HMRC v Winnington Networks
• R (on the application of St Matthews (West) and others) v HMRC
• Itchen Sash Window Renovation v HMRC
• Stembile Chinyanga v HMRC
• Prowse v HMRC

One minute with

• One minute with... Jonathan Schwarz

Ask an expert

• Ask an expert: Loans to participators – repayment of loan