Issue 1416

Analysis

• Morgan Stanley: VAT recovery and the ‘double layer’ test
• The Jersey substance proposals, in substance
• Capital allowances in large infrastructure projects
• Corporation tax for offshore corporate landlords
• Tax and the City briefing for October 2018
• Reeves: a human right to avoid CGT?

In brief

• Fife Resources: jurisdiction of the Scottish FTT
• Luxembourg did not provide state aid to McDonald’s
• EU’s financial transaction tax: where are we now?

News

• OTS sets out vison for HMRC guidance
• Judicial review launched against the loan charge
• CGT incentives for landlords selling to long-term tenants
• Professional bodies publish Brexit factsheet
• PAC pessimistic about post-Brexit customs
• Liechtenstein and Peru removed from EU blacklist
• Tax inspectors without borders is ‘excellent value’, says report
• Irish Budget introduces new ATAD compliant exit tax regime
• BEPS news
• Welsh government unveils draft Budget for 2019/20
• Changes at the OTS
• HMRC guidance

Cases

• GDF Suez Teesside v HMRC
• HMRC v D Higgins
• The Union Castle Mail Steamship Company v HMRC
• Morgan Stanley & Co International v Ministre de L’Économie et des Finances
• R, A and D Thornton trading as A* Education v HMRC

One minute with

• One minute with... Karen Cooper

Reports

• MTD for VAT supplement