The EU Commission bites into McDonald’s franchise structure, writes Nick Skerrett and Gary Barnett (Simmons and Simmons).
Chris Morgan (KPMG) provides your monthly round-up of tax developments in the international arena.
In this month’s briefing, Lee Squires and Fiona Bantock (Hogan Lovells) cover the latest on pension fund management costs; the Budget announcement on partially exempt businesses with foreign branches; VAT on e-books; and the decision in Colaingrove.
Chris Morgan (KPMG) provides a review of recent global developments, including: the diverted profits tax; updates from the OECD; the FII GLO High Court decision; ECOFIN, and tax news from Japan, Brazil, Norway and Luxembourg.
On 16 January 2015, the European Commission published the non-confidential details of its decision taken in October 2014 to open a formal state aid investigation into a ruling by the Luxembourg tax authorities in favour of Amazon’s transfer pricing arrangements dating back to 2003.
Rupert Shiers considers the recent decision in Felixstowe Dock and Railway Company concerning consortium relief
