The European Commission has launched a public consultation on country-by-country reporting by multinational companies.
The Capital Allowances (Environmentally Beneficial Plant and Machinery) (Amendment) Order, SI 2010/2483, makes changes to reflect the issue on 28 September of revised lists of qualifying technologies in relation to CAA 2001 ss 45H, 45I and 45J.
Jeanette Zaman considers the decision of the First-tier Tribunal that a payment for a non-compete agreement is capable of benefitting from the substantial shareholding exemption
Harvey Smith and Rob Hodkinson investigate expatriate compliance reviews
Robert Langston and Maurice von Bertele outline the tax issues faced by UK companies investing in India
James MacLachlan examines UK competitiveness in light of Wolseley’s migration
The Government will work with international partners to explore the costs and benefits of a Financial Activities Tax on profits and remuneration, the Treasury said as it published draft legislation implementing the Bank Levy announced in the June 2010 Budget.
Only four of the 15 largest banks have signed the Government’s code of practice on taxation for banks, the Chancellor told the BBC on 17 October. The Treasury said last year that it expected all banks operating in the UK to adopt the code.
In-house perspective from Nick Watson on the role of tax technology
In-house perspective from Tim Branston on tax risk