A new UK-wide HMRC taskforce has been launched to target adult club owners and adult entertainers who have not paid their taxes.
A new HMRC publicity campaign has been launched to remind taxpayers with undeclared offshore income that the Liechtenstein and Crown Dependency disclosure facilities will close in December 2015, to be replaced by a tougher penalty regime and new methods for exchanging financial account informatio
HMRC is consulting until 27 January 2016 on the role of cash in facilitating tax evasion and non-compliance, and trends towards other forms of payment which are likely to change that role. See www.bit.ly/1Q0FBVY.
Unsuccessful loan relationship avoidance scheme
Financial Secretary to the Treasury, David Gauke, answers questions from Tax Journal on tax competitiveness and tackling avoidance.
Jill Gatehouse and Susanna Brain (Freshfields Bruckhaus Deringer) provide an expert practitioner review of the OECD’s initiative to tackle base erosion and profit shifting.
Tom Scott (McDermott Will & Emery) looks at hybrid arrangements and the effect of the OECD proposals.
Charles Yorke (Allen & Overy) reviews Action 4 of the BEPS report.
Alison Lobb (Deloitte) considers the permanent establishment threshold and the consequences for cross-border trading.