Jason Collins gives his predictions on what to expect from next week’s Autumn Statement.
The exchequer secretary to the Treasury, David Gauke, sets out the government’s three main priorities on tax.
Loopholes in the Parent-Subsidiary Directive (Council Directive 2011/96/EU) exploited by companies avoiding corporation tax are to be closed as part of a European Commission’s action plan to tackle tax evasion. The proposed reforms to the directive include:
HMRC is writing to employers to give them the opportunity to settle the tax arising on employer financed retirement benefits scheme (EFRB) arrangements set up for the employees. There are two possible routes for settlement:
Following the OECD meeting in Paris last week, Bill Dodwell and Alison Lobb examine the challenges in implementing country by country reporting and its proposed common template.
By Rebecca Murray, barrister, Temple Tax Chambers
By David Anderson and Waqar Shah, PwC Legal
Britain is now ranked 14th in the PwC, World Bank and IFC Paying Taxes study, which ranks countries by assessing the tax costs and compliance burden for a case-study manufacturer.
…Hungary & Liechtenstein; personal service companies; Wales; toolkit survey; HMRC protocol; entertainers
Richard Collier and Aamir Rafiq comment on the OECD's consultation on transfer pricing, held on 12 and 13 November.