Chris Morgan provides this month’s briefing on international matters, including the latest on FATCA developments.
Jonathan Peacock QC considers the policy behind the taxation of foreign-based sportspeople, and asks whether the ‘special deals’ for ‘special events’ should cause a wholesale rethink of how the UK positions itself in the worlds of sport and the arts.
Revised arrangements with Hungary and Oman feature in an updated HMRC guide to possible entitlement to double taxation relief for certain types of UK income received by residents of overseas territories.
Sarah Lane explains why, for the time being, unanimity on adoption of a Financial Transaction Tax across the EU seems a long way off.
Robert Langston provides a refresher guide.
In this month's briefing, Helen Lethaby reviews the latest CFC developments, the decision of the Indian Supreme Court in Vodafone, and a recent Tribunal decision concerning equipment leasing.
HM Treasury has published an update and more draft legislation dealing with reform of the controlled foreign companies (CFC) rules. Two circumstances have been identified in which a full, rather than partial, finance company exemption will be offered.