08/08/2022
The Guidelines set out the TIA’s principles and processes for taking enforcement action through administrative penalties for non-compliance under the CRS and the ES regimes.
08/08/2022
The awards have become a staple in the finance calendar, with more than 50,000 votes being cast by members of the public to determine the winners.
08/05/2022
In the Accounting Today article, Ed shares that although the bill itself is a surprise, it does not contain a lot of surprises.
08/01/2022
The panel concluded that, despite the arrangements being contrary to the policy objectives of the legislation and exploiting a shortcoming in the legislation, the steps taken were a reasonable course of action for tax purposes.
07/29/2022
HMRC is reviewing the treatment of foreign branches of a UK company within this context, and we should understand more in due course.
07/28/2022
When the Restructuring Plan was introduced, the government stated the intention was for it to be used not only for large multi-national entities, but for small and medium sized enterprises as well. So far, it has only really been used by big businesses.
07/28/2022
The response document states that the government will “work closely with stakeholders to explore longer-term options to improve the employment status system for tax to ensure it is as clear as possible and usable for all parties”.
07/27/2022
Transfer pricing requirements continue to expand along with increased enforcement activities by the Luxembourg tax authorities.
07/15/2022
A person’s details may not be included in the list if the penalty has been reduced fully to account for the individuals’ co-operation and disclosure.
07/05/2022
Tax expert Penny Simmons of Pinsent Masons said that it was “important that the report had highlighted the need for a comprehensive review of tax policy to support the net zero transition.”
06/27/2022
Mr. Levine advises on the tax aspects of corporate transactions.
06/27/2022
This change will have a profound effect on the taxation of such income in Hong Kong and we recommend that timely action be taken to prepare for the tax changes.
06/21/2022
“Our clients have been incredibly supportive, seeing this as an exciting opportunity for the firm.”
06/21/2022
Hong Kong adopts the territoriality basis of taxation, which means that only income sourced in Hong Kong is subject to taxation
06/16/2022
Two European Parliament committees have objected to the Commission’s proposals to include nuclear and gas activities within the EU’s sustainability taxonomy.
06/15/2022
Any UK-resident taxpayer considering an offshore structure should consider the regime from the outset.
05/27/2022
Appeals against the statutory appeals and the judicial review were all heard together by the Court of Appeal.
05/25/2022
New York sales tax case regarding art leasing
An Administrative Law Judge initially rejected the petitioner’s claim for a sales tax refund
05/24/2022
After the economic shock of the pandemic, and going into what increasingly threatens to be a recession, cash funding for R&D is vital.
05/19/2022
Without the discipline of a directive, the Commission fears that the scale, detail, and technicalities of the Pillar Two rules could fragment the EU internal market, creating mismatches and distorting fair competition.