12/18/2014
EU Leaders to Urge Stepped-Up Fight Against Tax Evasion
EU leaders attending today’s summit in Brussels will call for a renewed push against tax evasion as cash-strapped nations seek more ways to refill depleted government coffers.
Tax
12/17/2014
Two Swiss VAT Rule Changes From January 1
A second change deletes Article 16, paragraph 3 of the Value Added Tax Ordinance
12/17/2014
UBS Loses Appeal in French Tax Evasion Probe
UBS to Challenge French Ruling at European Court of Human Rights
12/15/2014
Boris Johnson risks US fine or jail over failure to pay American capital gains tax on London property
Boris Johnson risks a hefty fine or even a spell in jail if he fails to pay American capital gains tax on a London property he sold in 2009
12/14/2014
Diverted Profits Tax To Undermine UK Economy: ACCA
In the recent Autumn Statement, the UK Government announced that a 25 percent DPT would be introduced from April 2015 to tackle artificial profit shifting arrangements that have the effect of reducing profits taxable in the UK.
12/14/2014
How Google and Apple Make Their Taxes Disappear
The British government, after a search, says it knows how to tax the profits Google earns in the United Kingdom. Its solution is simple and elegant, and it probably won’t change a damn thing.
12/14/2014
New Luxembourg leaks reveal James Packer’s PBL in secret Swiss tax deal
A secret deal with the Swiss government negotiated by media group Publishing and Broadcasting Ltd when James Packer was chief executive set a tax rate of less than 2.15 per cent on PBL’s intra-company loans.
12/12/2014
Bombardier among companies exposed for controversial Luxembourg tax plan
Quebec Finance Minister Carlos Leitao has asked Revenue Quebec to look into Bombardier’s tax practices after a leak of documents outlining the aerospace company’s secret tax proposal with Luxembourg. Quebec Finance Minister Carlos Leitao has a
12/12/2014
US Republican presidential hopeful Jeb Bush uses UK fund that could lower his American tax bill
Jeb Bush, a front-runner to become the Republican Party’s next presidential nominee, has used Britain to set up a private equity fund that could possibly allow it to avoid paying tax in America
12/12/2014
Gov't drops plans to make offshore tax evasion a criminal offence
In August HMRC said it was looking to make tax evasion a criminal offence.
12/11/2014
Half-hearted Google Tax could backfire
Richard Murphy asks whether the introduction of the Diverted Profits Tax means this is a good day for tackling tax abuse
12/11/2014
FSCS and Standard Life thrash out SIPP tax deal over ARM recoveries
The FSCS said it had received guidance from HM Revenue & Customs (HMRC) relating to the payment of Arm-related recoveries made directly to Standard Life SIPP members indicating the payments would be treated as an unauthorised payment and liable to pen
12/11/2014
Luxembourg tax files: can Jean-Claude Juncker weather the storm?
EU political elite will not make life difficult for commission chief, but fate will hinge on the evidence against him
12/11/2014
What the new property taxes mean to you - LCP
Overall, the domestic market acquiring properties under £1m has benefited and there could be a far more reaching upside for the general economy from this much-needed confidence booster.
12/11/2014
Big Four dragged into Luxembourg tax row
A new wave of leaks detailing complex tax deals with household brands has dragged the Big Four into the Luxembourg tax row
12/11/2014
IFAs to lose out with goodwill taxation clause
Any IFA who wishes to incorporate before the end of trail commission will find himself caught out by the removal of entrepreneurs’ relief on goodwill
12/10/2014
Head of Tax at Grant Thornton named one of the top 50 most influential private client practitioners
This prestigious award recognises the contribution of highly talented practitioners in the private client sector
12/10/2014
Building a tax fairyland in Luxembourg in five not-so-easy steps
Here, in five steps, is how the company gathered ownership of its empire, from Australia to Denmark to the Cayman Islands, into Luxembourg.
12/10/2014
Margaret Hodge attacks PwC on tax avoidance
MP Margaret Hodge has accused accounting firm PwC of “selling tax avoidance on an industrial scale”.
12/10/2014
Bulgaria Concludes US FATCA Deal
Bulgaria has formally signed up to the US's Foreign Account Tax Compliance Act (FATCA), just over six months after the two countries concluded a transitional "in substance" agreement.