Chris Walsh identifies six drivers that will shape the next five years.
HMRC figures show that significant progress has been made in resolving transfer pricing issues with companies since a new approach was adopted in 2008, the department announced.
Consultation on the introduction of a general anti-avoidance rule appears likely to feature in the Budget on 21 March, after David Cameron backed Nick Clegg’s call for tougher action to ensure that large companies pay their ‘fair share’ of tax.
The Investment Trust (Approved Company) (Tax) Regulations, SI 2011/2999, give effect to changes announced following consultation on modernisation of the tax rules for investment trusts to reflect changes in the investment management industry.
HMRC has begun a detailed review of its business records checks programme, having recognised that the project would have benefited from more detailed consultation.
Paul Morton reviews the top five tax developments in 2011 affecting in-house teams.
Bill Dodwell reviews the top five taxation developments in 2011 affecting corporate tax