Any immediate changes should be viewed as an interim step, says CIOT
HMRC publishes an introduction to the FA 2012 reforms
Interaction of controlled foreign companies regime and worldwide debt cap
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.
‘Opponents say that it will add to the problems of the financial sector when it is already on its knees,’ Larry Elliott writes
Tax commissioner proposes green light for willing member states to ‘to move ahead with an EU FTT’