Helen Lethaby reviews the latest developments, including anti-avoidance concerning manufactured overseas dividends.
Robert Gaut and Sarah Gabbai provide a case study setting out the tax issues for a US manufacturing group which migrates its non-US operations to the UK
The tax and pensions practice at KPMG in the UK has promoted six people to partner and 23 to director with effect from 1 October.
The government has set out the number of cases prosecuted for income tax, corporation tax, VAT and excise evasion since 2006/07:
The National Audit Office is to ‘examine the reasonableness’ of some of the larger tax settlements reached by HMRC and report in confidence to MPs.
HMRC’s new Offshore Co-ordination Unit is to write to UK residents and organisations holding bank accounts with HSBC in Geneva who may have undisclosed tax liabilties.
The United Kingdom would ‘easily’ take Switzerland’s place at number one in the Financial Secrecy Index if the ‘British network of secrecy jurisdictions’ were considered, according to an influential campaign group.
Chris Morgan considers recent changes in the international tax arena, including UK developments, recent proposals for a financial transactions tax, and the Dutch 2012 Tax Plan