Laura Charkin and Stephen Pevsner (King & Wood Mallesons) review the rules in the draft Finance Bill 2015
Mark Middleditch (Allen & Overy) provides the monthly round-up of tax developments affecting the City
The government’s new diverted profits tax (DPT), which was initially announced in December’s Autumn Statement and comes into effect on 1 April 2015, was debated in the House of Commons on 7 January 2015.
Abusive arrangements
The OECD has published the following discussion drafts as part of the BEPS project:
Hey, a new tax. As a tax adviser, that sounds like pretty good news. (Shame it is so bad for the country, but that's politics for you).
Patrick Cannon comments on the impact of a recent decision of the European Court of Human Rights.
HMRC has said it has secured ‘almost all’ of the disputed tax due from the first group of tax avoidance scheme users to receive accelerated payment notices.
The IRS has issued guidance confirming that jurisdictions that have an IGA agreed in substance prior to 1 July 2014 will continue to be treated as if they have the IGA in effect beyond the original 31 December 2014 deadli