The public is losing trust in ‘a system that is in need of drastic reform’, says The Taxpayers’ Alliance
HMRC says it is ‘alive to the risk’ of avoidance by multinationals
The government has heeded representations about the likely negative impact for the UK’s competitiveness and for multinational groups of proposals to change the tax treatment of quoted eurobonds and short interest, which will not now be introduced, James Smith writes.
France has recently implemented a financial transaction tax (FTT), and there is now a very real prospect of a ‘patchwork’ of further FTT regimes being introduced across Europe, Simon Leach writes.
Robert Langston answers a query on the limits of withholding tax credits
Woman with apartment in Spain: whether UK resident
Britain ‘will not join the scheme’
Moves will create about 2,000 highly-paid jobs, John Dixon tells FT
Stephen Fiamma and Stefka Kavaldjieva explain why the recently released intergovernmental agreement on FATCA (the IGA) between the US and the UK provides welcome prospective relief from many burdensome aspects of FATCA reporting and withholding.
Tax relief is a ‘basic need for businesses that expand beyond national borders’, says tax commissioner