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CORPORATION TAX


The Financial Services and Markets Act 2000 (Gibraltar) (Amendment) Order 2012 and The Undertakings for Collective Investment in Transferable Securities (Amendment) Regulations 2012

David Wilson sets out issues for advisers to consider this month.

HMRC is seeking views on proposed changes to two longstanding anti-avoidance rules that the European Commission considers to be incompatible with EU law.

HMRC has invited comment on three sets of draft regulations intended to implement changes set out in the January 2012 consultation on contractual schemes for collective investment.

Card image James Politi Christopher John Wales Mike Layfield Mark Cant Donald L Korb Anne d’Arcy James R Gadwood Philip Harle Iain Scoon Matthew Peckosh Christopher Peter Wales Sara Luder James Wilson Caroline Frank

Examining US tax policy with views from advisers on recent US developments, including the view from Washington; increasing burdens on the US tax adviser; and reflections on how US tax policy is made.

William Watson explains why HMRC's June paper is welcome news.

Peter Gouw answers a query on the substantial shareholdings exemption in a case concerning joint venture arrangements.

The government has announced details of a tax relief to support investment in new large shallow-water gas fields in the UK Continental Shelf. The Chancellor said at Budget 2011 that he would consider the case for introducing a new category of field allowance for marginal gas fields.

Paul Howard and Priya Dutta provide your refresher guide.

The GAAR HMRC has published for consultation its draft GAAR (general anti-abuse rule). At a conceptual level it borrows heavily from Graham Aaronson QC’s illustrative GAAR (published as part of the GAAR study group’s report in November 2011),...
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