Peter Vaines says HMRC has brought ‘much needed balance’ to the debate on the taxation of multinationals
Tom Cartwright reviews the outcomes of the HMRC consultation on possible changes to income tax rules on interest
Mike Lane and Richard Jeens examine the options available and the related tax issues
The first of a new series of ‘sector focus’ reports examines the tax challenges facing pharmaceutical companies. By Chris Sterling, Andrew Hickman, Jonathan Bridges and Komal Dhall of KPMG, with in-house perspectives from Tim Woodthorpe and Helen Jones of GSK and Koichi Funabashi of Astellas.
Chris Morgan reviews recent developments, including the decision of the Court of Appeal in FCE Bank concerning group relief for a non-EU parent group and ECOFIN discussions which make the introduction of a financial transaction tax within a limited number of European countries more likely.
HMRC and HM Treasury have invited comments on several sets of draft regulations relating to corporation tax
OECD Model Tax Convention: Consultation on issues relating to ‘permanent establishment’, ‘beneficial ownership’ and emissions permits
The principle underlying allocation of profits between countries is ‘ultimately devoid of any useful meaning’, says Michael Devereux
Adjustments to accounts profit ‘result in a tax bill that seems disproportionately tiny’ says Daily Mail report
Corporation tax has become ‘a national obsession’, says Daily Mail report