Heads of tax administrations from 45 economies came together in Moscow for the 8th meeting of the OECD Forum on Tax Administration on 16-17 May to discuss coordinated action on fraud, evasion and aggressive tax planning.
The government has tabled amendments to the Finance Bill, as follows:
Transfer of assets abroad: Two amendments to Sch 10, which remove domicile as a relevant factor in determining whether a company is a ‘person abroad’.
The High Court has dismissed the UK Uncut claim in the judicial review of HMRC’s settlement with Goldman Sachs. Jim Harra, HMRC’s director general for business tax, welcomed the ‘comprehensive dismissal’, saying it ‘puts to rest the fallacy that HMRC is soft on large businesses.’
Andy Cole looks at how the authorities extended their monitoring of those who choose not to pay what they owe
James Bullock looks at the activist group's failed attempt to challenge HMRC
Tax campaigners insisted on Tuesday that the OECD’s review of the international tax system should not rule out the option of unitary taxation, while leading tax professionals warned that such a regime would create significant practical difficulties.
Application for judicial review of HMRC settlement
VAT focus on a case centering on membership payments, by Vinny McCullagh
Sharon McKie tests the legislation's limits, uncertainties and anomalies
Peter Vaines is uneasy about the GAAR and he contends that the guidance does not take us much further in providing much needed clarity.