02/11/2022
The rules apply to income tax, National Insurance contributions (NICs), capital gains tax, corporation tax, apprenticeship levy, inheritance tax, stamp duty land tax and the annual tax on enveloped dwellings.
02/11/2022
In essence, this staking process lets validators use tokens they already have (and a relatively small amount of computing power) to obtain additional tokens.
02/09/2022
The figures showed £11.5 billion from a total of £35.8bn suspected to be underpaid.
02/09/2022
Under the new policy, which applies from 1 April 2022, where supplies subject to VAT are made, other payments that are required to be made to the supplier under that contract, such as early termination fees, will usually also be subject to VAT.
02/04/2022
Companies must be prepared to respond to the increasing pressure for tax transparency. At a minimum, this preparation enables the company to control its tax narrative.
02/04/2022
This tax report provides you with the relevant current French tax news together other general information regarding the French financial market.
02/04/2022
Businesses will only need to file one corporate tax return each financial year
02/02/2022
The desire to incentivise employees did not constitute a sufficient business purpose within the meaning of Article 26(1)(b).
01/28/2022
The data, acquired from HMRC via a freedom of information request, shows that the number of annual sign ups has fallen from 877 in 2018-19 to only 26 in the most recent full year, 2020-21.
01/26/2022
Increased US Gift and Estate Tax Exemptions and Further Planning Opportunities in 2022
The maximum gift and estate tax rate remains at 40% of the fair market value of the relevant assets.
01/26/2022
US Tax Issues For Non-US Crypto Investors
This is because, for US tax purposes, gain on the sale of property is generally treated as tax-free foreign source gain in the hands of a foreign seller.
01/25/2022
When the accountholders provide their information to a financial institution, they expect that the institution will use their information to comply with the law.
01/24/2022
Last year as part of Biden’s proposals we suddenly had refundable Child Tax Credits and the change to the Employee Retention Tax Credit on the employer’s side.
01/24/2022
Guernsey introduced such a measure back in November 2017 in a law which reflects much of the same language as that now proposed in Jersey.
01/21/2022
Governments need to ensure that the taxable profits of MNEs are not artificially shifted out of their jurisdiction and that the tax base reported by MNEs in their country reflects the economic activity undertaken therein and taxpayers need clear guidance
01/21/2022
In particular, the Final Regulations adopt a new “attribution requirement” (Attribution Requirement) that restricts the availability of FTCs to foreign taxes that the Treasury and the IRS consider to be similar to US taxes.
01/20/2022
As a reminder, effective 1 January 2019, the deemed tax credit regime whereby companies holding a Category 1 Business Licence were entitled to claim a deemed tax credit of 80% was abolished and replaced by a partial exemption regime on qualifying income.
01/19/2022
The asset was intended to be sold and the proceeds so derived by the Stiftung were to be distributed to the heirs of the founders.
01/19/2022
On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation.
01/16/2022
While the underlying law is relatively clear and well-established, there are still a few lesser-known legal risks to which employers are exposed