HM Revenue and Customs (HMRC) published draft legislation on 14 September for inclusion in Finance Bill 2023-24, which will remove the 1.5% charge to UK stamp duty and stamp duty reserve tax (SDRT) with respect to the issue...more
A new act in the United Kingdom provides power to HMRC to claw back coronavirus (COVID-19) support payments and issue penalties for deliberate and inadvertent misuse of such schemes....more
HM Revenue & Customs confirmed on June 25, 2020, that the United Kingdom will adopt a European Union measure to delay the first reporting requirement under EU Council Directive 2018/822, the sixth amendment to the EU...more
HM Revenue & Customs has provided a timely reminder of the need for organisations with a connection to the United Kingdom to review their prevention procedures regarding the failure to prevent the facilitation of tax evasion...more
HMRC provides guidance on the implications of the recent case Anson v Revenue and Customs Commissioners.
Delaware limited liability companies (LLCs) are regularly seen in many international corporate groups, including in...more
9/30/2015
/ Anson v HMRC ,
Entity Classification ,
Foreign Tax Credits ,
HMRC ,
Income Taxes ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
Partnerships ,
Tax Treaty ,
UK ,
UK Supreme Court
The new tax announcements are designed to improve productivity and correct imbalances in the tax system.
On 8 July, UK Chancellor of the Exchequer George Osborne made a number of announcements relating to the tax system...more
7/10/2015
/ Amortization ,
Bank Taxes ,
Banking Sector ,
Carried Interest Tax Rates ,
Corporate Taxes ,
Dividends ,
Employment Tax ,
HMRC ,
Income Taxes ,
Loans ,
Peer-to-Peer ,
Resident Non-Domiciled (RND) ,
Tax Legislation ,
UK ,
Value-Added Tax (VAT) ,
Withholding Tax