Michael McKenna and Kunal Vyas review the impact of Bayfine UK and the OECD discussion draft on the meaning of ‘beneficial ownership’ on the interpretation of double tax treaties
Ian Sandles examines the impact of the new rules on the financial sector
The OECD has urged all countries to sign up to a revised international convention designed to help counter cross-border tax evasion.
The UK has been ranked behind five major competitors on personal and business taxation, according to a Populus poll for The Times in which voters were asked to rate the UK’s ‘performance’ in terms of ‘the level of personal taxation’ and ‘the level of taxes on wealth creation’.
Tony Beare provides an overview of the measures in Schedule 13 of the current Finance Bill
Helen Lethaby provides this month's update on tax issues affecting the City, including consultation resulting from Basel III, recent accounting changes, the overlooked decision in Audley and an update on the GAAR study