Helen Lethaby gives her view on the impact of HMRC’s guidance on the GAAR, and comments on the recent decisions in Fidex and Bristol & West.
Ashley Greenbank and Nigel Doran consider the lessons for the tax litigation process that can be learned from the decided cases.
‘The latest revelation about the UK tax authorities’ excruciating battle with Goldman Sachs shone more unfavourable light on HMRC’s conduct last week.
UK businesses should only engage in “reasonable tax planning that is aligned with commercial and economic activity and does not lead to an abusive result”, the CBI said yesterday in a statement of tax principles designed to “advance the debate on responsible managem
A new tax capacity building programme funded by the UK’s Department for International Development will help the Tanzanian and Ethiopian governments to put in place more effective tax administration, the government said today as exchequer secretary David Gauke prepar
The ability of multinational groups to exploit differences between national tax systems to reduce their tax bills without breaching transfer pricing rules is explained in a new HMRC briefing.
No country has the enforcement resources required to perform a thorough audit of every possible transfer pricing issue, the OECD has noted in the introduction to a draft Handbook on Transfer Pricing Risk Assessment, published on 30 April.
HMRC’s former head of tax advised colleagues against revisiting a settlement with Goldman Sachs partly because of concern that the company’s reaction might cause “major embarrassment” to the chancellor and HMRC, the High Court heard yesterday.
Tax experts frustrated at the lack of knowledge shown by many MPs, and the poor quality of much of the public debate on tax avoidance, have been invited to “adopt an MP”.