Tax & Regulation
€8bn refund on cards following French tax ruling
A French Constitutional Court ruling that a 3% surtax on dividends was unconstitutional is expected to see about €8bn (£7.15bn, $9.4bn) claimed in refunds.
Best Practice | 20 Oct 17
HMRC sets out ‘opaque’ abusive tax scheme penalties
Advisers who enable abusive tax avoidance schemes face penalties that will take into account “relevant considerations”, draft guidance from HM Revenue & Customs revealed on Friday.
Best Practice | 19 Oct 17
New tax register ‘burdensome’ for beneficiaries
Beneficiaries who fail to comply with the UK’s new Beneficial Trust Register may face fines and prosecution, warns accounting, tax and advisory practice Blick Rothenberg.
Real Madrid star next to be hauled before Spanish tax court
Real Madrid defender Marcelo is to be prosecuted for tax fraud totaling €490,000 (£436,000; $576,000).
Isle of Man sets up specialist unit to combat cyber attacks
The Isle of Man is stepping up efforts to defend against cyber crime by establishing a specialist body to oversee cyber security and take responsibility for delivering the island’s National Cyber Security Strategy, due to be published by the end of the year.