Issue 1573

Analysis

• A tale of two companies in two cities: the CJEU’s ruling on fixed establishment in Berlin Chemie
• The tax administration horizon
• Disguised remuneration: the new settlement opportunity
• International review for April 2022
• Tax considerations for M&A deals: due diligence and structuring

In brief

• EU sanctions on trusts and corporate services for Russians
• McEnroe and Newman: tax on a debt-free sale of a company
• The politics of taxing non-doms

News

• Labour to abolish non-dom status
• Hybrids: changes to corporation tax reporting
• Basis period reform: managing provisional figures
• European Parliament draft report on tax impact of new technologies
• IR35: Court of Appeal judgments
• UK climate taskforce announced
• Belize and Cameroon ratify BEPS multilateral instrument
• STEP guidance on Russia sanctions
• UK to revoke Moscow Stock Exchange’s status
• Definitions require clarification, according to comments on draft model rules
• 62% jump in customs duties for UK businesses and consumers
• VAT: early termination of car leases
• VAT fuel scale rates
• Tax treatment of GMP equalisation
• Low income trusts and estates consultation
• HMRC to recover SEISS overpayments
• Company losses toolkit published

Cases

• Glanbia Milk Ltd v HMRC
• Claimants in the Royal Mail Group Litigation v Royal Mail Group Ltd
• J Yerou and another v HMRC
• Other cases that caught our eye: 29 April 2022

One minute with

• One minute with... George Bull