Does the United Kingdom’s vote to leave the European Union change the United Kingdom’s attractiveness as a holding company jurisdiction?...more
The new exemption from UK withholding tax will affect certain debt finance arrangements and the issuance of debt securities between foreign lenders or investors and UK corporate borrowers or issuers that operate in private...more
The spring budget includes a number of announcements that relate to taxation, the most significant of which is a “roadmap” for UK corporate taxation through 2020....more
The statement is tax light, but there is continued focus on carried interest.
On 25 November, the UK Chancellor of the Exchequer George Osborne made a number of tax-related announcements in the 2015 Autumn Statement and...more
12/1/2015
/ Autumn Statement ,
Common Reporting Standard (CRS) ,
Employee Share Schemes ,
EU ,
FATCA ,
Fund Managers ,
Limited Partnerships ,
Peer-to-Peer ,
Private Equity ,
Stamp Duty Land Tax ,
Tax Avoidance ,
UK
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
The change will be retroactive starting 1 January 2015.
The Kazakhstan tax blacklist is a list of now 60 jurisdictions that Kazakhstan considers to be countries with privileged tax regimes....more
Announcements support UK growth and prevent tax avoidance.
On 3 December, UK Chancellor of the Exchequer George Osborne made a number of tax-related announcements in the 2014 Autumn Statement. Given the government’s...more
UK government continues to support growth and build on economic recovery.
On 19 March, UK Chancellor of the Exchequer, George Osborne, released the UK’s 2014 budget. From a business tax perspective, the budget...more
Statement builds on economic stability, with a focus on certainty for business.
On 5 December, UK Chancellor of the Exchequer George Osborne released the 2013 Autumn Statement with measures designed to increase...more
UK government supports businesses, focusing on the UK's competitiveness while clamping down on tax avoidance and evasion.
On 20 March, UK Chancellor of the Exchequer George Osborne released the UK's 2013 budget. The...more
UK government publishes draft legislation on capital gains tax charge that will apply to disposals of high-value UK residential property by certain "non-natural" persons....more
Statement shows that the UK is still "open for business" and includes measures designed to encourage investment while also targeting tax avoidance and evasion.
On 5 December, UK Chancellor of the Exchequer George Osborne...more