04/09/2020
Switzerland: New rules on inter-cantonal tax allocation established
Daniel Stutzmann and Manuel Angehrn of Deloitte Switzerland consider how the Swiss tax reform has led Swiss cantons to move towards a ‘function-based’ tax approach.
Tax
04/09/2020
Coronavirus - what are the tax implications of being stranded outside the UK?
Earlier this week, we also looked at the immigration issues facing those who are in the opposite situation: currently stranded outside the UK.
04/02/2020
Tackling the coronavirus: OECD Forum on Tax Administration publishes actions that tax administrations are currently taking to support taxpayers
These include measures to address cash-flow concerns, difficulties in meeting reporting and payment deadlines and communication initiatives.
03/31/2020
Putin’s Tax Hikes Compound Pandemic Angst for Wealth Managers
Some advisers say buy now, while others warn of double bottom
03/31/2020
Ireland: Solving the Dutch VAT problem for CLO transactions
Structuring options allow for bankruptcy remoteness.
03/27/2020
World Tax Advisor, featuring special COVID-19 section
These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
03/26/2020
Wealthy non-doms saved from Covid-19 tax traps as HMRC relaxes its rules
Non-doms can now stay in Britain longer than normal before tax bills are triggered
03/25/2020
LEBC calls upon HMRC to extend 2019-20 Tax Year and to help savers in wake of COVID-19 crisis
As with so many businesses, LEBC has closed its offices and switched its staff to home working.
03/24/2020
UK expat tax bills could skyrocket due to coronavirus lockdown
As non-residents hope ‘HMRC may be more lenient in its approach’
03/19/2020
COVID-19 Luxembourg Tax Administration Emergency Support Measures
On 17 March 2020, the Luxembourg tax administration released a newsletter which details support measures for Luxembourg taxpayers who may be impacted by the COVID-19 pandemic.
03/18/2020
Italian Authorities Threaten Tax Evaders With Big Data
All actions are aimed at forcing tax evaders to reduce the volumes of tax evasion.
03/18/2020
Why the UK thinks tech giants deserve a digital tax
There is a large consensus among lawmakers that tech titans can station their HQs to tilt taxes in their favor.
03/13/2020
​Norway’s SWF manager speaks out against excessive tax avoidance
They said NBIM welcomed the OECD’s objective of addressing existing incentives for companies to shift profit geographically for tax purposes.
03/12/2020
Inheritance tax untouched by UK chancellor
But budget sees £90,000 increase in tapered annual allowance
03/11/2020
HMRC'S New Family Investment Companies Team: How Family Offices and Ultra-Wealthy Individuals can Protect Themselves
That will be a Potentially Exempt Transfer for IHT purposes and, provided the parents survive for more than seven years, the PET will fall out of their estates for IHT.
03/10/2020
HMRC cracks down on hidden foreign income
Last year it was revealed that HMRC had raised more than £2.9bn since 2010 by tackling offshore tax non-compliance.
03/10/2020
Adviser to pay out after triggering ‘unnecessary’ tax charge
The £27,000 which was transferred was left in cash as Mr S intended to draw it down in the short term under incoming pension freedom rules.
03/05/2020
HMRC’s long awaited guidance on GMP equalisation – One step forward; two steps back
The guidance is likely to be of limited assistance to trustees and the absence of guidance on many key areas is likely to lead to further delays before most schemes feel comfortable to go ahead and equalise members’ benefits.
03/05/2020
Deloitte London employee gets virus, everyone asked to chill
The unpleasant truth, though, may be that whatever precautions we take in working hours, people commute on public transport and live in relatively crowded cities.
03/04/2020
Drama should not replace policy in Rishi Sunak’s first Budget
Drama is something which Osborne’s Budgets were never short of.