HMRC's history of ensuring its anti-avoidance provisions comply with the fundamental freedoms of EU law is not a happy one. On 30 July, it released its consultation document into reforming the rules around the transfer of assets abroad (in ITA 2007 ss 714–751) and the attribution of gains in TCGA 1992 s 13. It appears to be up to its old tricks again.
Steve Edge gives his view on why the time is right for the introduction of a limited scope general anti-abuse rule of the type proposed
Taxpayer confidentiality could be compromised, says Jonathan Levy
HMRC will monitor the effect of several recent policy initiatives to tackle tax avoidance before considering whether to proceed with measures proposed last year to counter avoidance involving income tax loss reliefs.
HMRC is seeking views on proposed changes to two longstanding anti-avoidance rules that the European Commission considers to be incompatible with EU law.
The work of the UK tax profession 'enables citizens to comply with a plethora of statutory obligations'
Institute seeks to put tax avoidance debate 'into context'
Government will consider extending mis-selling legislation
There must be a distinction between ordinary tax planning and aggressive tax avoidance, says Exchequer Secretary
ICAEW needs to respond to changing climate, Head of Tax Faculty tells Tax Journal