Beneficial ownership of shares
NIC records
HMRC’s helpful guidance on withholding tax obligations following the transfer of loan receivables flags risks for intermediaries in the chain of payment, writes Eloise Walker, partner, Pinsent Masons.
IHT on gift to charity
Carolyn Steppler and Neil Morgan (EY) provide your guide to the operation of the new relief
Andrew Goldstone and Sarah Albury (Mishcon de Reya) report on recent updates in the private client arena, including: the proposed new strict liability criminal offence; changes to the LDF; the common reporting standard in the UK; strengthening DOTAS and the VADR; and the Presumption of Death Act.
Claims by executors
Karen Bowen, a tax director at Francis Clark, answers questions on HMRC's recent change in practice.
Mark Middleditch (Allen & Overy) provides this month’s update, including: the limits of the purposive approach in tax avoidance cases; accelerated payments and DOTAS; draft changes on loan relationships and derivative contracts; notice clauses in tax indemnities; and the new HMRC Stamp Taxes on Shares Manual
Jackie Wheaton (Moore Stephens) answers a query on a UK person investing in a US LLC that is tax transparent for US purposes