The CIOT has warned that government proposals for a strengthened code of practice on taxation for banks will set a ‘dangerous precedent’ by giving HMRC power to determine and publicly announce non-compliance with the code without any right of appeal.
It has been reported in The Guardian that Vodafone reached a previously undisclosed multimillion pound tax deal with HMRC over an Irish subsidiary, which collected royalty payments from operating companies and joint ventures around the world.
Sole trader: costs of defending action taken by former employer
UK finance company: lease of ship
Who could be caught by reform proposals on ‘high-risk promoters’? Jonathan Levy considers the likely impact of HMRC’s latest consultation.
Martin Zetter comments on the OECD's white paper on transfer pricing documentation and thelatest proposals to amend its transfer pricing guidelines on intangibles.
The second in a series of special reports on the BRIC countries. Martin Jaycock, Alberto Bertocco and Joyce Palmer-Antunes give an overview of the Brazilian tax regime, and examine the corporate environment, incentives, compliance and cross-border issues.
David Taylor reflects on recent reports on multinational tax planning and the draft Taxation of Regulatory Capital Securities Regulations
The consultation, Technical advice to the Commission on possible treatments of unrealised gains measured at fair value, has been published.
HMRC has published revisions to its guidance on the senior accounting officer (SAO) regime, the details of which are set out in Revenue & Customs Brief 19/13.