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Companies

Leekes Ltd (TC4298)

Lack of joined-up thinking means inconsistent treatment of the sale of goodwill

Scotts Atlantic Management Ltd; Scotts Film Management Ltd v CRC, Upper Tribunal

Using a UK company to hold personal assets

The European Commission (EC) has unveiled its agenda to combat avoidance and aggressive tax planning, with a package of measure to increase tax transparency to be announced next month.

A key objective of the agenda is to ensure that companies are taxed where their economic activities generating the profits are performed, commissioners agreed at the first orientation debate on possible actions to ensure a more transparent approach to taxation in the European Union (EU).

The European Parliament is set to set up a special parliamentary committee to look into European Union member states’ tax rulings and “other measures similar in nature or effect”, and to make recommendations for the future.

The committee was agreed upon last week in the wake of a series of investigations by the European Commission (EC) into tax rulings for multinational companies in Luxembourg, Ireland, Belgium and the Netherlands.

When does an expense in the accounts of a business fail to be deductible?

Many countries are overhauling their corporate tax rules ahead of the final recommendations from the Organisation for Economic Cooperation and Development (OECD) on base erosion and profit shifting (BEPS), according to a report from big four accountancy EY.

Best way to remove a dormant holding company

Audit office praises department’s approach to recommendations

European Commission v UK (C-172/13), Court of Justice of the European Union

Prudential Assurance Company Ltd v CRC, Chancery Division

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