‘I regard tax evasion and indeed aggressive tax avoidance as mo
Putting homes into companies to avoid stamp duty is ‘completely
New legislation to block a ‘contrived and aggressive’ income tax avoidance scheme involving property business loss relief will protect the Exchequer from significant losses, HM Treasury said.
The Chartered Institute of Taxation has raised with HMRC several concerns regarding draft legislation designed to counter a tax avoidance scheme, disclosed by Barclays, which sought to avoid the charge on ‘deemed releases’ of loan relationships.
Should publicly listed companies continue to enjoy full confidentiality in respect of their tax affairs?
Helen Lethaby provides your monthly update, which includes coverage of the government’s action to close down ‘abusive’ debt buyback planning retrospectively and the appointment of the new Assurance Commissioner to oversee large tax settlements.
Sara-Jane Donovan and Jennifer Pearce examine the latest update from the government on the new controlled foreign companies regime. Is the gate now open for multinationals?
There is ‘no commercial confidentiality argument’ against publication, says David Davis
A new YouGov poll shows a ‘strong demand for tougher government action’ on corporate tax avoidance, according to ActionAid, the anti-poverty group. The poll of 1,764 adults found that 79% thought the UK government was not doing enough to tackle avoidance by large businesses.