Tax & Technical
Best Practice | 8 Jan 18
Appleby defeat will mark ‘open season’ on offshore tax planning
The flood gates will open for so-called ‘hacktivists’ to attack the offshore industry if the law firm at the heart of the Paradise Papers loses its legal case against two UK publications, according to a leading lawyer.
EU tax evasion and money laundering rules come into force
The EU’s long anticipated tax cooperation directive (2011/16) has come into full effect.
Best Practice | 4 Jan 18
HMRC reveals top 10 tax fraud cases of 2017
In its ongoing fight against tax evasion, HM Revenue & Customs has revealed its top ten tax fraud and organised crime cases of 2017. The list includes people with offshore accounts, a would-be spy, millionaires, accountants and data thieves. All cases came with large prison sentences.
Tax & Regulation | 2 Jan 18
Celebs lose film scheme tax plea
Celebrities including Premiership footballers embroiled in the failed Ingenious Film scheme have lost their tax relief appeal with HM Revenue and Customs.
‘First of its kind’ trust set up for politician
Trust lawyers acting for a colourful Italian mayor have set up an innovative blind trust for his businesses, which include Italy’s leading basketball team.