The European Commission’s VAT Expert Group (VEG) has adopted an opinion on the EU cross-border rulings (CBR).
Daniel Witt (International Tax and Investment Centre) and Dave Hartnett (consultant) highlight the work of the ITIC
Macklin v HMRC concerned where a pension plan was established for the purpose of double tax treaty relief. Jonathan Schwarz (Temple Tax Chambers) considers the case and its implications
George Bull (Baker Tilly) considers the Labour Party’s manifesto commitment to repeal the non-dom regime
Heather Self (Pinsent Masons) examines the EU’s recently announced tax transparency package
Ed Miliband announced on Wednesday that if the Labour party were elected, it would abolish the rule for non-domiciled residents, which can be claimed by UK residents born outside the UK and which – subject to an annual charge of at least £30,000 – allows UK tax to be levied on offshore income and
Commission makes decisions on Belgium, France and Greece
The OECD has published a discussion draft on action 12 (mandatory disclosure rules) of the BEPS action plan for consultation. The discussion draft:
The Financial Times (6 April) reported that the EU is collecting evidence to decide whether to launch an investigation into unfair state aid in Portugal, Italy, Greece and Spain and whether these member states have illegally underwritten banks ‘that have bolstered their capital’ with def
The International Tax Compliance Regulations, SI 2015/878, set out due diligence and reporting obligations for UK financial institutions in relation to the Revised EU Directive on Administrative Cooperation (DAC), the Multilateral Competent Authority Agreement with non-EU jurisdictions to impleme