The government has tabled a group of amendments to Clause 219 on international tax information exchange agreements and implementation of the Foreign Account Tax Compliance Act (FATCA).
Navigate your way through the rules, with William Arrenberg, Casey O’Hara, Richard Harryman, Mike Haynes, David Smith, Steve Wade and Malcolm Finney.
At the annual OECD conference in Washington DC earlier this month, developments with respect to the OECD’s project on base erosion and profit shifting (BEPS) were discussed. According to Ernst & Young, the key issues discussed during the conference included the following points:
Reed Carey highlights an issue that has sparked calls for reform of US international tax rules
US to crack down on virtual currency tax fraud: ‘US officials are targeting virtual currencies due to fears that Americans are using them to evade taxes, opening a new front in the crackdown on tax fraud.
HMRC has issued on its website revised guidance notes, draft regulations, and a Tax Information and Impact Note (TIIN) on the Foreign Accounts Tax Compliance Act (FATCA). The updated guidance notes outline when a trust can be defined as an ‘investment entity’ or not under the new rules.
Introduction of 98% tax rate—whether a breach of European Convention on Human Rights
US giants can indeed claim not to be taxable on the full amount of UK sales, says Lydia Challen
Thirteen EU member states, including the UK, are to participate in a pilot for private VAT ruling requests involving complex cross-border cases, between 1 June and 31 December 2013.