Helen Lethaby summaries recent key developments including moves to enhance the bank levy
The government is consulting until 30 September 2013 on the proposal, announced at Budget 2013, to withdraw relief for interest paid on loans to purchase life annuities which continue to qualify for relief.
Jonathan Peacock QC and Francis Fitzpatrick consider the salient characteristics of the GAAR, the Halifax principle and DOTAS rules
Jonathan Legg on the Court of Appeal’s reversal of the decision by the Upper Tribunal
A tonnage tax case has implications for the loan relationships rules, writes Heather Self
Pete Miller allays a concern that the corporate tax break constitutes avoidance
At a meeting of EU finance ministers in Brussels on 9 July, Wolfgang Schaeuble, the German finance minister, called for the withdrawal of competitive tax breaks for patents in the UK and other EU countries.
As reported in The Guardian, Irish MPs have voted that multinational companies, such as Apple and Google, which use the Irish tax regime will not be grilled on their tax affairs.
HMRC’s tax assurance commissioner publishes his first annual report on resolving disputes.
What’s in practitioners’ in-trays this month, with Chris Sanger, David Harkness, Christopher Groves and Daniel Lyons