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.
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.
Helen Lethaby examines the proposed general anti-abuse rule, the decision in Greene King, HMRC's latest views on perpetual debt, and further guidance on the Banking Code of Conduct.
Robert Langston with your refresher guide to the rules.
Clive Tietjen and Alison Lobb review three new discussion drafts published by the OECD.