Issue 1370

Analysis

• A reasonable excuse?
• HMRC’s business risk review consultation
• How ordinary loans become surprise hybrids
• International briefing for September 2017
• BlackRock: software tools and the investment management VAT exemption

In brief

• Transfer pricing adjustments jump by 90% as DPT takes effect
• Transactions in land: extending the boundaries
• The new corporate criminal offence
• Avon: no deviation from the derogation

News

• European Commission outlines ‘fair taxation of digital economy’
• HMRC launches growth support service for mid-sized businesses
• FRC proposes accounting amendments for gift aid payments
• OTS scopes capital allowances and depreciation review
• Share scheme registration errors
• Lease accounting changes
• Simple assessment begins
• Good Law Project pursues Uber
• OECD consults on digital economy
• OECD releases six peer reviews on tax dispute resolution
• Bumper year for Revenue Scotland
• Solicitors’ regulatory body warns over tax avoidance
• New HMRC guidance

Cases

• Aviva, DNB BANKA and Germany
• The Trustees of the BT Pension Scheme v HMRC
• Landid Property and others v HMRC
• HMRC v Root2tax
• R McGreevy v HMRC

One minute with

• One minute with... Peter Rayney