Following consultation, the Summer Budget announced changes to take effect from royal assent to the Summer Finance Bill 2015, including: new limits on the period of eligibility for companies after receiving their first risk finance investment; a new cap of £20m for knowledge-intensive companies a
Profits from US LLCs and double tax relief
Jonathan Cooklin and Dominic Foulkes (Davis Polk) comment on the much awaited Supreme Court decision in Anson.
HM Treasury has announced that the Summer Finance Bill 2015 will be published on Wednesday 15 July, following the Budget on 8 July. Explanatory notes on the Bill will be available in the Vote Office and the Printed Paper Office and placed in the Libraries of both Houses on that day.
The register of people with significant control (‘PSC register’) is now subject to a further consultation.
Expert insight on one of the most powerful weapons in HMRC's arsenal
A scheme to enhance DTR failed
Barrister Anne Fairpo (Temple Tax Chambers) explains why and how the DPT could apply to real estate transactions.