Professional advisers challenged to accept that companies have a moral duty to pay a fair share
‘European Union efforts to create a hard-to-escape financial transaction tax are coming under fire from within the bloc for overstepping the plan’s 11-nation scope.
Business has supported establishment by the OECD of ‘uniform international rules on controlled foreign companies and on interest deductibility’
OECD says FATCA legislation is ‘triggering rapid acceptance of automatic exchange’
Geoff Lloyd and Fiona Thomson examine how the proposed financial transaction tax may apply to UK corporate groups and the practical implications that this might have for them, focusing on derivative transactions entered into by group treasury companies.
RWE npower boss fails to convince MPs on the energy select committee that ‘there is nothing amazing’ about capital allowances for major investment
The commission ‘doubts that the aid is necessary’
The Finance Bill completed its second reading in the House of Commons yesterday. The Bill will be considered by a committee of the whole house on the afternoon of 17 April and the morning of 18 April.
GAAR may apply to ‘abusive’ arrangements exploiting double tax treaty provisions, or the way those provisions interact with others
‘The key difficulty is applying the GAAR to cases where it is not clear if they are or are not abusive,’ guidance says