The Fifth Money Laundering Directive (‘5MLD') has expanded the registration requirements in relation to trusts who have connections with EU Member States, as a result of the changes made to Article 31.
ELVINGER HOSS PRUSSEN, société anonyme
On 2 July 2020, the Court of Justice of the European Union ("CJEU") ruled in the case C-231/19 (Blackrock Investment Management (UK) limited v. Commissioners for her Majesty's Revenue and Customs)...
The EU's VAT e-commerce package is a series of measures being implemented in stages and intended to simplify VAT rules on the cross-border sales of goods and services to final consumers...
As part of the legislative changes brought about by the Finance Act 2020, the Treasury drafted the Insolvency Act 1986 (HMRC Debts: Priority on Insolvency) Regulations 2020 (the Regulations)...
Several initiatives announced during 2020 highlight the IRS's efforts to track and enforce US tax and reporting obligations of high-net worth individuals on their worldwide assets.
Arnold & Porter
There's now just under a month of grace left during which companies can confess to furlough fraud without being fined.
In the recent case of Re Webster, 2020 EWHC 2275 Ch the English High Court upheld a decision against a taxpayer who made an error on their tax return regarding their charitable giving.
The Sovereign Group
It is entirely sensible to assume that whatever the situation is now, visitors to the UK may get stuck there.
BCL Solicitors LLP
Harry Travers, Greg Mailer and Umar Azmeh review HMRC's approach and argue that its failure
to produce meaningful statistics should not mask the fact that it is criminally prosecuting
In AXA SA v Genworth Financial International Holdings, LLC  EWHC 2024, the UK High Court had to determine the meaning of the term "subject to taxation in the hands of the receiving party"...
Proskauer Rose LLP
HMRC has updated its guidance on the Coronavirus Job Retention Scheme (CJRS). The changes include the removal of parts of the guidance that related to the application...
COVID-19 is causing many employees to ask if they can work from ‘home' for an extended period in an overseas country, for example
Charles Russell Speechlys LLP
New figures show that HMRC are ramping up investigations into footballers, agents and football clubs.
Charles Russell Speechlys LLP
We find ourselves as a nation facing exceptional circumstances – not to mention exceptional public finances.
Compliance is a key priority in the establishment of any company. Although IPT is a consequence of the insurance transaction, understanding registration requirements, the process...
The Office of Tax Simplification is reviewing Capital Gains Tax. We look at how this might affect Wrigleys' rural clients.
Veale Wasbrough Vizards
From 8 July until 31 March 2020, the SDLT 0% band has been increased from £125,000 up to £500,000.
HMRC have published guidance for non-UK residents in relation to what circumstances will be considered ‘exceptional' under the Statutory Residence Test (SRT) during the COVID-19 outbreak.
Covid-19 is causing many employees to ask if they can work from ‘home' for an extended period in an overseas country, for example, because it is their home nation or their family is based there.