The Cayman Islands has become the first overseas territory to sign a FATCA-style intergovernmental agreement with the UK for automatic exchange of information for tax purposes. Agreements have already been signed with the UK’s Crown dependencies: Jersey, Guernsey and the Isle of Man.
Paul Radcliffe on the news that the OECD is developing a model competent authority agreement
Research published by the Cornwall Chamber of Commerce suggests there is support amongst British business for a move to an international unitary taxation system.
HMRC is currently participating (until 31 December 2013) in a European Union trial for VAT ruling requests for complex cross-border situations.
OECD secretary general Angel Gurría welcomed Andorra’s steps to strengthen international tax co-operation, after it became the 60th signatory to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Michael Anderson and Samantha Wilson examine the recent High Court ruling on Prudential, the test case in the CFC and dividend GLO.
David Harkness on HM Treasury/HMRC announcement on changes to the income tax rules on transfer pricing
Patrick Stevens offers a defence of eurobonds following the series of reports in The Independent
Last week, Finance (No.2) Bill 2013 was presented to the Irish parliament; Deloitte has reported that one of the key changes that was published is the measure to tackle the issue of ‘stateless companies’ in order to ‘eliminate arbitrage opportunities using the tax residence rules of Ireland and i
The Financial Times reported (24 October 2013) that François Hollande, the president of France, will be facing unprecedented strikes by the country’s football clubs in the top two divisions, who have cancelled all matches in the final week of November in protest at the ‘unfair and discri