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Warning to UK snack manufacturers as tribunal confirms VAT treatment of mini poppadoms

Under the Act, certain products, such as potato crisps and similar snacks, are excluded from the 0% VAT rate typically applied to food.

UK tax tribunal issues beefed up practice direction on ADR

The practice direction states that the FTT’s rules empower it to direct parties to engage in ADR in appropriate cases, subject to considering the views of the parties.

Changes to foreign resident tax withholding impact buyers and sellers of Australian real estate

Buyers or lessees must withhold FRCGW at settlement of a transaction unless the seller or landlord provides an ATO clearance certificate

Why the Cayman Islands continues to be a popular jurisdiction for offshore funds

The dominance of the Cayman Islands in the offshore funds market is due to a combination of its tax neutrality

New single UK tax on share transfers to be introduced

It is currently proposed that the new tax will be introduced in 2027.

UK Spring Statement 2025: tax anti-avoidance rules with criminal sanction target staffing supply chain

Users and suppliers of contingent workers can expect a more hostile HMRC in addition to proposed 'umbrella' legislation

Ogier Global partners with leading tech platform Yardi to further enhance real estate services

The adoption of Yardi’s investment accounting will further enable Ogier Global to simplify complex financial processes and improve reporting accuracy.

FOIA Appeals Fail So Often, Taxpayers See a Broken System Tax Notes

FOIA requests first go the IRS' disclosure office, then to the Independent Office of Appeals (Appeals).

The Domestic Minimum Top-Up Tax Act

Pillar Two seeks to establish a global minimum tax of 15% for multinational enterprise (“MNE”) groups with revenues of 750 million euros or more (“in-scope MNE Group”).

VAT assessment ‘conspicuously unfair’ and set aside on the basis of taxpayer’s legitimate expectation

Modernisation of the SPF tax regime: what you need to know

The SPF benefits from an advantageous tax regime as it is exempt from corporate taxation and solely subject to a 0.25 per cent subscription tax capped at 125,000 Euros per year.

UK tax tribunal confirms limits of third-party access to documents in appeals

It applied to the FTT for access to a range of documents from a tax appeal involving rival mobile ride hailing provider Bolt.

Insurance intermediaries working with offshore insurers may reclaim UK VAT

The case revolved around complex VAT recovery rules and the interpretation of European Union directives.

Luxembourg Replaces Tax Treaty Benefits and UCI Residency Certificates Circular

Requests for tax residency certificates for RAIFs are to be requested either by the RAIF itself or its depositary.

Baker Tilly Expands Mid-Atlantic Presence with Acquisition of Hayflich CPAs

This acquisition strengthens Baker Tilly’s presence in the Mid-Atlantic region and enhances its ability to deliver tailored solutions to businesses and individuals.

Global Perspectives

Global Tax Update

Court of Appeal provides helpful guidance in first statutory UK tax residence decision

In this case, the taxpayer needed to spend no more than45 days in the UK during the year in order to remain non-UK resident.

UK interpretation of tax treaties clarified by Supreme Court

At the heart of the case was how the double tax treaty agreed between the UK and Canada should be applied.

Belgium to reduce assessment periods and fight tax litigation backlog with unprecedented measures

The first one is the creation of a(n) optional tax arbitration system.

Recent developments in the attitude of the Jersey courts to onshore tax

No tax liability was currently due but would arise in the future, and debate arose as to whether HMRC ought to be notified.