Tax & Regulation
Tax & Regulation | 20 Sep 12
hmrc claims victory over stamp duty avoidance
The UK government has won an important court case defeating the use of a widely-marketed scheme to avoid stamp duty land tax, the knock-on effect of which could see the UK exchequer save up to £170m in lost revenue.
Tax & Regulation | 19 Sep 12
efama calls on governments to sign up
The European Fund and Asset Management Association has written an open letter to “all interested governments and parties” encouraging all European governments to become FATCA partner countries, as with the G5.
Tax & Regulation | 19 Sep 12
hmrc publishes consultation on bilateral
HM Revenue & Customs has launched a consultation seeking the finance and tax industry's views on the implementation of a bilateral agreement between the UK and the United States aimed at helping the UK comply with the US government's Foreign Account Tax Compliance Act (FATCA).
Tax & Regulation | 18 Sep 12
hmrc launches new tax evasion task forces
HM Revenue & Customs has launched a series of new task forces today to tackle tax dodgers, one of which is aimed at the London-based legal profession.
Tax & Regulation | 18 Sep 12
ernst and young fined in dubai and facing
International accountancy firm Ernst & Young has been fined by the Dubai Financial Services Authority, while it is also facing action from the Securities and Futures Commission of Hong Kong.