The definition of investment entities under FATCA, under the model IGA and under the UK IGA, regulations, guidance notes varies in important respects. Andrey Krahmal (Temple Tax Chambers) provides a summary of how the rules apply to investment entities most frequently encountered in practice.
HM Treasury has published the minutes of the last meeting of the Business Forum on Tax and Competitiveness, held on 26 February.
The European Parliament's Legal Affairs Committee on 7 May approved a draft directive enabling shareholders to vote on directors’ remuneration to ensure greater transparency and accountability.
HMRC has been quick to publicise its success in a tax case involving Next Brand Ltd, which is part of the Next group, over its use of a tax avoidance structure known as a rate-booster.
Taper relief and properties occupied by listed companies
Double tax treaty relief on dividends
Taxand’s annual global survey of multinational CFOs has shown that multinationals are split as to whether BEPS will create a more sustainable global tax system. 52% of respondents agreed that it would do so; while 48% disagreed.
The Bribery Act has laid the foundation for a new criminal offence, which will require corporates to conduct ever greater levels of due diligence, says Jason Collins (Pinsent Masons)
Peter Jackson (Taylor Wessing) answers a query on the refinancing of a corporate group owning UK property assets.
HMRC is increasingly charging penalties to companies and senior accounting officers in respect of failures under SAO legislation. Lucy Sauvage and Ed Dwan (BDO) urge businesses to consider the impact on their reputation and their relationship with HMRC