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Easier access for EU CIUs, AIFs and pension funds to Spanish tax exemption New rules will significantly ease the access by qualified Collective Investment Undertakings (CIUs), Alternative Investment Undertakings (AIFs) and pension funds incorporated, or formed, in a European Union (EU) Member State to a specific domestic exempti... Is now a good time for a UK digital services tax? The message was clear at last week's OECD public consultation on the reform of the international tax rules that there is a need to fix the rules to avoid the chaos of a multitude of unilateral digital service tax (DST) measures. The UK is one of the many ... Is now a good time for a UK digital services tax? The message was clear at last week's OECD public consultation on the reform of the international tax rules that there is a need to fix the rules to avoid the chaos of a multitude of unilateral digital service tax (DST) measures. The UK is one of the many ... Labour's Fair Tax Programme: the £6.2bn question... ...or "Seeing as everyone else is now giving 'fact-checking a go'". When Labour published its 2019 Election manifesto last week it was accompanied by a document entitled "Funding Real Change" which set out where Labour intended to get the extra £82.9bn a ... Building legal foundations: UKJT publishes legal statement on the status of cryptoassets and smart contracts The UK Jurisdiction Taskforce (or ‘UKJT’) has published a legal statement on the status of cryptoassets and the enforceability of smart contracts under English private law, areas which have generated considerable debate in recent years. From this foundati... Is it time to reconsider policy on bank taxation? As discussed in my Viewpoint video, the UK government is heavily reliant on taxes paid by financial services. The finance and insurance sector was the largest single contributor to corporation tax in 2017/18 accounting for 26% of corporation tax liabiliti... GloBE: learning the lessons of the past The OECD published its Pillar Two paper on the Global Anti-Base Erosion (GloBE) Proposal on Friday (Zoe Andrews' earlier post provides an overview) which requested comments on the "use of financial accounts as a starting point for the tax base determinati... Towards a "smart" VAT system? We live in a world of burgeoning automation. Transactions are increasingly automated in a range of ways, from direct debit (around since the early 1960s and still one of the most popular payment methods today) to smart contracts. However - in the UK at le... Robot delivery services: the latest in anthropomorphic marketing? Given the number of announcements this year from the likes of Starship, Segway, Ford and FedEx you would be forgiven for feeling surprised and perhaps a little dismayed that as the end of the year draws nearer, our streets are not yet filled with diligent... Gibraltar companies outside the scope of the Parent-Subsidiary Directive On 24 October, Advocate General (AG) Hogan opined that a company incorporated, and subject to corporation tax, in Gibraltar cannot avail itself of the benefits of the Parent-Subsidiary Directive (PSD). On a more positive note for the taxpayer concerned, t...