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CORPORATE TAXES


Taxation of dividends

Group relief provisions: whether valid under EC law

Payments to employee benefit trusts

Bradley Phillips and Perminder Gainda explain the tax implications of the different types of demerger structures that UK companies typically adopt to split their activities into two or more separate companies, along with a worked example

Jackie Wheaton answers a query on the application of the transactions in securities rules to liquidations

This week, The Independent ran a series of special reports on tax avoidance involving Eurobonds, revealing how ‘more than 30 UK companies, including some of the UK’s most recognisable brands, are benefiting from this legal tax loophole, known as the quoted Eurobond exemption’, as well as

Views from senior in-house tax experts on how the corporate tax function will evolve and the future for outsourcing.

Helen Lethaby reviews recent developments, including the revised  code of practice for banks, corresponding adjustments, corporate debt and derivatives, and the EU financial transaction tax.

The OECD has published a memorandum on the development of a country-by-country reporting template as part of the BEPS action plan.

Measures to strengthen the Code of Practice on Taxation for Banks will be included in Finance Bill 2014 and will ‘ensure that on signing up to the code, banks fully commit to the obligations it sets out’, HM Treasury announced.

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