CORPORATE TAXES

Luxembourg is to abolish its IP regime and amend its net wealth tax, writes Matthijs Haarsma and Peter Moons (Loyens & Loeff NV).

Santhie Goundar

The Office of Tax Simplification (OTS) invites comments by 31 December 2015 on a number of questions to inform its review of small company taxation (see www.bit.ly/1Lz8rK7); and to inform its review of income tax and NIC (see

Stuart Pibworth Will Smith Leonard Ng Chris Brause

Will Smith, Leonard Ng, Chris Brause and Stuart Pibworth (Sidley Austin) review recent developments within the investment funds industry which faces numerous challenges in the form of UK and international tax initiatives, as well as ongoing regulatory change.

Peter Kiernan

Manraj Somal

Following HMRC’s recent consultation paper and proposed response document and draft legislation ahead of the Autumn Statement, Peter Kiernan and Manraj Somal (KPMG) answer questions on plans to make corporations criminally liable for tax evasion.

Santhie Goundar

HMRC has opened its new ‘payrolling benefits-in-kind’ online service to employers for registration. Employers wishing to use the online service in 2016/17 to payroll employee expenses and benefits in place of submitting forms P11D must register by 5 April 2016.

Tim Law

TAXE Committee gives multinationals ‘one more chance’ to turn up, reports Tim Law (Engaged Consulting)

Santhie Goundar

Global social network Facebook came under fire in the media over the revelation that it paid just £4,327 ($6,643) in corporation tax in 2014, according to its latest UK results filed at Companies House. However, Facebook UK also reported a pre-tax...