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Several recent case decisions in the private client arena, including the correct interpretation of the ‘place of effective management’ tie-breaker test, are examined by Edward Reed and Ross Pizzuti-Davidson (Macfarlanes).

UK charities are increasingly encouraged to become limited partners in private equity funds targeting US acquisitions. Thomas Dick (DLA Piper UK) examines the related tax issues.

Andrew Goldstone and Nicola Simmons (Mishcon de Reya) review recent developments in the private client world.
Thomas Dick (DLA Piper) examines the IRS’s recent revocation of US tax-exempt status for numerous UK charities, and explains the steps affected UK charities can take to reinstate their status.  
Karen Killington and Peter Dylewski (KPMG) explore the issue of VAT deduction and non-economic activities, and seek to determine whether scientific principles can be applied consistently or whether VAT deduction is in fact more of an art.
Andrew Goldstone and Judith Robertson (Mishcon de Reya) review the latest tax developments affecting private clients.
Lee Squires and Fiona Bantock (Hogan Lovells) provide your monthly review of recent VAT developments that matter.
Charlotte Black and Robert Field (Farrer & Co) consider the VAT implications of charitable grants and analyse the key considerations concerning when they might become a taxable supply.
Rowena Clifton (The VAT Consultancy) answers a query on VAT on printed matter and mailing packages ahead of the end of the transitional period for VAT on direct mail supplies on 31 July 2015.

The Upper Tribunal resists HMRC’s preferred test as to what constitutes a business activity for VAT purposes, writes Peter Jenkins (Peter Jenkins Associates)