There should be no need for external reviews to provide assurances that HMRC’s tax settlements with large businesses are appropriate, the National Audit Office said as it concluded that five settlements examined by a former High Court judge were ‘reasonable’.
UK Uncut Legal Action has been granted permission by the High Court to challenge HMRC’s settlement of a tax dispute with Goldman Sachs.
HMRC has set out in Revenue & Customs Brief 16/12 the key changes in its approach to the application of the Senior Accounting Officer (SAO) rules.
An OECD working party on the transfer pricing aspects of intangibles has invited comments on a discussion draft containing proposed revisions to Chapter VI (Special considerations for intangible
Vodafone faced ‘fresh controversy’ according to press reports after it emerged that the group has no UK corporation tax liability for the year to 31 March 2012 despite having 19m UK customers.
HM Treasury is seeking views on an Office of Tax Simplification proposal for relief against tax charges arising on the disincorporation of a business.
Organisations representing ‘over 1,000 civil society groups’ have called for a new standard requiring companies to disclose publicly their ultimate or beneficial owner.
Helen Lethaby provides your regular update, which this month includes coverage of developments concerning the FII group litigation, unauthorised unit trusts and the decision in Santander.
In the first of a new series, Alison Lobb and Clive Tietjen review international developments in the transfer pricing arena
The UK patent box takes effect from next April. David O'Keeffe outlines the issues that tax directors should consider in advance of its introduction