Issue 1402

Analysis

• Limitations on deductibility of corporate interest expense: where are we now?
• Kyte: when does a settlement agreement bind HMRC?
• Tax and the City briefing for June 2018
• Main purpose, or one of the main purposes
• VAT practicalities of joint developments of land
• Countering profit fragmentation: HMRC’s new weapon

In brief

• Summit Electrical: zero-rating of student accommodation
• Is alignment with EU VAT rules post-Brexit wishful thinking?
• Amendment to LBTT group relief

News

• Customs costs of Brexit
• Making tax digital pilot extended to landlords
• HMRC's new pension schemes service opens
• Law Society guidance on VAT treatment of electronic searches
• Welsh land transaction tax technical guidance
• EU reporting rules for tax planning intermediaries
• ECON second draft report on EU VAT fraud proposals
• Research suggests 40% of foreign direct investment is ‘artificial’
• Call for G20 minimum corporate tax rate and CCTB
• Serbia deposits instrument of ratification for MLI
• Disguised remuneration settlement terms
• New HMRC guidance

Cases

• Hornbach-Baumarkt v Finanzamt Landau
• Finanzamt Dachau v A. Kollroß and Finanzamt Göppingen v E. Wirtl
• L H Vădan v Agenţia Naţională de Administrare Fiscală and others
• HMRC v Wetheralds Construction
• J Bell v HMRC

One minute with

• One minute with... Richard Sultman