Some immediate reaction on the OECD's Action Plan on Base Erosion and Profit Shifting.
Vinny McCullagh's VAT focus looks at the possibility of a sale of shares qualifying for TOGC treatment
HMRC has confirmed, in Revenue & Customs Brief 18/2013: VAT, tax avoidance using offshore entities – ECJ judgment in Newey, that it will continue to investigate what it considers to be artificial contractual relationships established for tax avoidance purposes and look through to the
Four new HMRC taskforces have been set up, each with the following aims:
The Public Accounts Committee (PAC) conducted its inquiry this week into the tax affairs of the Prince of Wales and the Duchy of Cornwall.
The general anti-abuse rule, or GAAR, entered into force on 17 July 2013 as Finance Bill 2013 received Royal Assent.
Delay by HMRC in processing application for deregistration
Notice requiring production of bank statements
Validity of discovery assessment
It is time this sterile debate on tax came to an end before we all go mad?