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CORPORATE TAXES


Angela Clegg and Lucy Sauvage (BDO) look at the scope of the new legislation which introduces the requirement for large groups, companies and partnerships to publish their tax strategy annually.

Novation of derivative contracts between companies of the same group

The European Commission has published proposals for public CBCR. Heather Corben (King & Wood Mallesons) reviews the recommendations.

Finance Bill 2016 included provisions reversing many of the severe restrictions to entrepreneurs’ relief introduced in FA 2015. Martin Mann (Gabelle) examines these complex but welcome changes.
 

Paul McGrath and Robert Posgate (Withers) explain the reporting requirements and responsibilities of the register of people with significant control, which comes into effect from 6 April 2016.

The government has confirmed that it intends to proceed with large scale alterations to the rules on the tax deductibility of interest for companies. Sandy Bhogal (Mayer Brown) assesses the potential impact.

Card image Donna Huggard Stephen Barnfield Mark Groom Patricia Mock

Patricia Mock, Mark Groom, Stephen Barnfield and Donna Huggard (Deloitte) summarise the main tax changes which came into effect this month.

The FRS 102 treatment of non-commercial loans creates notional finance charges. Finance Bill 2016 excludes these from tax accounts where their inclusion would create an asymmetric tax treatment, writes David Southern QC (Temple Tax Chambers).
 
The European Commission has published its proposals to require multinational companies with annual revenues exceeding €750m to publish country by country reports (CBCR) of their activities in each EU member state. See www.bit.ly/1N63OLI. The...

Availability of post-cessation relief

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