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Tax Evasion HMRC Corporate Taxes

Cooley LLP

HMRC Set to Launch US-Style ‘Reward Scheme’ for Whistleblowers

Cooley LLP on

The United Kingdom is set for a step change in the way in which it combats tax evasion. His Majesty’s Revenue & Customs (HMRC) – the UK’s tax, payments and customs authority – has announced plans to adopt a US-style approach...more

A&O Shearman

Global Tax Insights: Uncertain tax positions: preparing for further tax disclosure

A&O Shearman on

The UK government is pressing ahead with its proposal to require large businesses to notify their “uncertain tax positions” to HMRC. ...more

Katten Muchin Rosenman LLP

The UK Government and HMRC's Efforts to Clamp Down on Promoters of Tax Avoidance

Tax avoidance is the process of manipulating tax rules to reduce the amount of tax payable and obtaining a financial advantage that was never the intention of the legislation. A typical example of tax avoidance involves the...more

Jones Day

Restoration of Crown Preference and Erosion of the English Floating Charge

Jones Day on

With effect from December 1, 2020, Her Majesty's Revenue and Customs ("HMRC") ranks ahead of floating charge holders and unsecured creditors with respect to recovering certain pre-insolvency taxes from an insolvent business...more

Hogan Lovells

HMRC introduces Profits Diversion Compliance Facility

Hogan Lovells on

HMRC has announced today the introduction of a new Profits Diversion Compliance Facility, which is aimed at tackling the avoidance of tax by multinationals by diverting profits outside the UK without proper economic...more

Proskauer Rose LLP

UK Tax Round Up - September 2017

Proskauer Rose LLP on

UK Tax News and Developments - Finance (No 2) Bill 2017 - The second Finance Bill of 2017, known as Finance (No 2) Bill 2017, has now been published. As expected, this contains most of the provisions which were dropped from...more

Proskauer Rose LLP

UK Tax Round Up - July 2017

Proskauer Rose LLP on

UK Tax News and Developments - Conservative legislative agenda set out in Queen's Speech - Following the UK general election on 8 June 2017, at which the Conservative party won the largest number of seats but lost its...more

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