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TAX POLICY ADMINISTRATION


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?

HMRC has updated its published list of former Inland Revenue extra-statutory concessions (Notice IR1) to show those in use as at 6 April 2013. Changes since the last update (dated 1 April 2012) include the removal of:

Kevin Smith and Richard Doran look at the effect on taxpayers challenging HMRC by judicial review

The retrospective legislation is unfair to taxpayers, says Kelly Stricklin-Coutinho

As reported in The Guardian, Irish MPs have voted that multinational companies, such as Apple and Google, which use the Irish tax regime will not be grilled on their tax affairs.

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