02/21/2022
Exor SPA had applied participation exemption regulations in 2016, when it merged with its Dutch subsidiary Exor Holding N.V., which would have excluded nearly all capital gains from taxable income in calculating the exit tax, the report said.
02/21/2022
It is worth highlighting that these reporting obligations apply even if the investment vehicle never invested, directly or indirectly, in Luxembourg real estate.
02/18/2022
The availability of tax relief for overseas R&D is often essential to businesses
02/18/2022
Often it feels like money only flows one way with HMRC, but if you spend money for work expenses then you could be due a hefty refund
02/17/2022
KPMG has 22 UK offices including in Bristol and Plymouth and will recruit into regional team after it saw revenue grow 10% in 2021
02/16/2022
The receipt of large distortive non-business income such as legacies, large donations and capital grants can disrupt the level of VAT recovery on an income-based method, and so the use of an alternative proxy can sometimes be advantageous in this scenario
02/14/2022
The digital tokens, which emerged in 2014, can be thought of as certificates of ownership for virtual or physical assets.
02/11/2022
This follows on from a call for input last January where the government began its review to identify options which will make the UK a more attractive location to set up, manage and administer funds, as well as support a wider range of more efficient inves
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.
02/09/2022
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.
02/07/2022
Malta and IFCs bid for global tax delay to 2025 as Cuba gets FATF boost
Malta has already agreed to the OECD new tax requirement but it is now negotiating "carve-outs and concessions" with the European Union.
02/03/2022
Mazars said the reason behind the increase was more individuals being caught out by the tax.
01/31/2022
The reverse charge has a significant impact on how businesses within the sector account for VAT and manage their cash flows.
01/30/2022
The Scottish National Investment Bank was launched in 2020 by First Minister Nicola Sturgeon.
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
The Court also noted that based on settled case-law the provisions of the Charter are only relevant where Member States implement EU law
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
Some drivers could pay thousand of pounds in 2022
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