Helen Lethaby reviews the latest developments, including anti-avoidance concerning manufactured overseas dividends.
Robert Gaut and Sarah Gabbai provide a case study setting out the tax issues for a US manufacturing group which migrates its non-US operations to the UK
A draft Order, bringing into effect a new comprehensive double taxation agreement between the UK and China, has been published. The agreement was signed in June.
The International Tax Enforcement (Aruba) Order, SI 2011/2435, brings into effect an agreement for the exchange of information for tax purposes between the UK and the Kingdom of the Netherlands, in respect of Aruba.
The International Tax Enforcement (Liberia) Order, SI 2011/2434, brings into effect an agreement for the exchange of information for tax purposes between the UK and the Republic of Liberia.
The Double Taxation Relief and International Tax Enforcement (Mauritius) Order, SI 2011/2442, brings into effect arrangements set out in a protocol amending the Convention made in 1981 between the UK and the Republic of Mauritius.
The United Kingdom would ‘easily’ take Switzerland’s place at number one in the Financial Secrecy Index if the ‘British network of secrecy jurisdictions’ were considered, according to an influential campaign group.
The Double Taxation Relief and International Tax Enforcement (South Africa) Order, SI 2011/2441, brings into effect arrangements set out in a protocol amending the existing double taxation convention between the UK and South Africa.