The following draft Orders in Council have been laid before the House of Commons for approval:
Thomas Dick answers a query on the taxation of a distribution from a Washington-based limited liability company.
The G20 leaders’ declaration published last week endorses the OECD proposal on BEPS and a new standard of information exchange. Sandy Bhogal provides a quick overview
Financial transaction tax: ‘This is a bad day’ for supporters of Europe’s proposed financial transaction tax, reports the Financial Times Brussels Blog.
As has been reported in the national media, the legal adviser to the EU’s finance ministers, the Council Legal Service, has concluded that one of the main provisions of the proposed European financial transaction tax (FTT) is ‘discriminatory, overreaches national jurisdiction and infringes the EU
Freedom of establishment
Heather Self looks at the substantial shareholdings exemption in light of Vodafone's sale of its Verizon interests
HMRC has published revised guidance on the International Tax Compliance (United States of America) Regulations, SI 2013/1962, which will implement the UK/US agreement on the Foreign Account Tax Compliance Act (FATCA).
Chris Morgan examines recent developments, including on automatic exchange of information including FATCA, and updates from Canada, South Africa and Denmark
Freedom of movement