In many respects, the Upper Tribunal’s decision in Hargreaves Property will not have surprised tax practitioners as the decision reaffirms best practice considerations around a number of fundamental concepts in relation to...more
The Chancellor of the Exchequer delivered the United Kingdom (“UK”) Budget for 2023 on 15 March 2023.
The Budget was delivered against a backdrop of some familiar political headwinds, caused by the lengthy shockwaves of...more
As we draw close to the end of the year, we take a moment to revisit some of the taxation changes announced in the Autumn budget, with some of these being implemented in the upcoming tax year in April 2022. ...more
The Chancellor of the Exchequer delivered the United Kingdom (“UK”) Autumn Budget for 2021 on 27 October 2021.
The Budget was delivered against the backdrop of the UK’s ongoing recovery from the Covid‑19 pandemic and the...more
10/28/2021
/ Bank Holding Company ,
Budgets ,
Corporate Taxes ,
HMRC ,
International Tax Issues ,
REIT ,
Securitization Market ,
Tax Avoidance ,
Tax Rates ,
Tax Reform ,
UK
The Chancellor of the Exchequer delivered the UK Budget for 2017 on 22 November 2017. Delivered against the backdrop of the UK’s ongoing negotiations to exit from the European Union, the Budget featured a significant...more
11/29/2017
/ Collective Investment Schemes ,
Corporate Taxes ,
Federal Budget ,
Income Taxes ,
International Tax Issues ,
Tax Avoidance ,
Tax Policy ,
UK ,
UK Brexit ,
Value-Added Tax (VAT) ,
Venture Capital
The Chancellor of the Exchequer delivered the UK Budget for 2016 on 16 March 2016. The Budget was delivered against the backdrop of international tax developments, relating to the Organisation for Economic Co-operation and...more
3/18/2016
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BEPS ,
Corporate Taxes ,
EBITDA ,
Federal Budget ,
International Tax Issues ,
OECD ,
Popular ,
Securitization ,
Tax Avoidance ,
UK ,
Withholding Tax
On 17 September 2104, the Court of Justice of the European Union (the “CJEU”) gave its preliminary ruling in the case of Skandia America Corporation USA, Sweden Branch v Skatterverket (C-7/13) (“Skandia”). The decision of...more
The progress of the European Financial Transaction Tax (the “FTT”) towards becoming law in eleven participating Member States of the European Union overcame another hurdle on 30 April 2014 with the Court of Justice of the...more
Apart from personal taxation measures intended to be attractive to voters, the Budget is perhaps much less controversial than in previous years. Many of the detailed taxation provisions intended for inclusion in Finance Bill...more