Who could be caught by reform proposals on ‘high-risk promoters’? Jonathan Levy considers the likely impact of HMRC’s latest consultation.
Ben Roberts (RPC) compares s 75A with the GAAR, in light of the recent decision in Project Blue.
The second in a series of special reports on the BRIC countries. Martin Jaycock, Alberto Bertocco and Joyce Palmer-Antunes give an overview of the Brazilian tax regime, and examine the corporate environment, incentives, compliance and cross-border issues.
Pinsent Masons has reported that the number of criminal prosecutions for tax evasions has more than doubled in a year, as HMRC ‘cracks down on middle England’. According to figures obtained by the law firm, there were 617 tax evasion prosecutions in 2012/13, compared with 302 in 2011/12.
HMRC has announced the appointment of Mark Dearnley as the department’s new chief digital and information. Dearnley will join HMRC in October to take control of HMRC’s £500m-a-year IT operation that serves 45m individuals, 4.8m businesses and 65,000 HMRC employees.
HMRC has published revisions to its guidance on the senior accounting officer (SAO) regime, the details of which are set out in Revenue & Customs Brief 19/13.
The recently published tax assurance commissioner’s report trumpets HMRC’s recent avoidance litigation successes, but with £5bn of new avoidance being added to the tax gap each year, does the department have the right strategy, asks Jason Collins
The OECD will have to tread a delicate path between maximising tax harmonisation to enhance the effectiveness of new standards and not alienating governments protective of their fiscal sovereignty, explain Martin Zetter and Nigel Doran
Gary Richards criticises HMRC’s conduct in the GSTS Pathology case.
‘Tax avoiders go to ground’: The Financial Times has reported (2 August) an apparent drop in appetite for tax avoidance strategies among private clients.