Biffa (Jersey) Ltd (TC4094)
Careless error penalties: their application and consequences
The long-running saga of Marks & Spencer and cross-border group relief
HMRC have published a technical note on regulation 17(2) of the Authorised Investment Funds (Tax) Regulations 2006 (SI 2006/964), after representations from the industry.
The regulation forms part of the corporation tax acts dealing with income derived from land and buildings. It states, “Amounts chargeable to corporation tax in accordance with part 4 of CTA 2009 must not be included in any amount of income allocated for distribution as yearly interest.”
Vocalspruce Ltd v CRC, Court of Appeal
The scope of the UK’s patent box has been reduced, after government officials agreed a compromise with German counterparts over the controversial tax break for companies.
The move was made in an effort to advance negotiations on new rules for preferential intellectual property regimes within the G20/OECD base erosion and profit shifting project.
The impact of globalisation of tax, as seen from a PAC-led conference
Mitigation of liabilities on inter-company transfers and director loans
What are the tax implications of converting a director’s loan?
Kronos International Inc v Finanzamt Leverkusen Case C-47/12, Court of Justice of the European Union
What it means to be an employee for the purposes of a claim to entrepreneurs’ relief
Maintaining the benefit of previous losses against future business profits