United Kingdom Tax News

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New accounting standards – guidance published

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Protocol to treaty and exchange of notes between Japan and United Kingdom signed

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Treaty between Iceland and United Kingdom signed

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Autumn Statement: personal taxation – details

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Autumn Statement: anti-avoidance measures – details

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Autumn Statement: business taxation – details

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Treaty between Panama and United Kingdom enters into force

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Decision on taxability of long-term capital gains from sale of listed securities

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Circular on dividend withholding tax refund following Tate & Lyle Investments case – published

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Offshore funds: payments to non-resident participants – disapplication of requirement to withhold tax

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Treaty between Panama and United Kingdom signed

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Swiss Federal Tax Administration publishes instructions on tax agreements with Austria and United Kingdom

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Protocol to treaty between Netherlands and United Kingdom – signed and details

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Treaty between India and United Kingdom – Indian decision on supply of technology versus supply of machines

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Treaty between Russia and Turkey – Russia MoF clarified the tax treatment applicable to income paid to a UK branch of a Turkish bank

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Dutch Supreme Court: AG opines on refund of excessive dividend withholding tax withheld on dividends paid to Belgian resident

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Decision that internal TNMM is preferred over external TNMM

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Withholding tax on interest – HMRC announce changes to Double Taxation Treaty Passport Scheme

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Netherlands selective tax exemption for public companies partially carrying out economic activities terminated

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US, Australia, and UK announce plan to share data to combat offshore tax evasion

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Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion

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Tax benefits from structured financial transaction denied for lack of economic substance

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Finnish Supreme Administrative Court rules on imputation credit for dividends received from a group's parent company in UK

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General Anti-Abuse Rule – guidance published

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Withholding tax under EU Savings Directive to be abolished

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Treaty between Norway and United Kingdom signed

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Amending exchange of notes to treaty between Austria and Singapore signed

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Heavy restrictions on capital movements enter into force

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Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands

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Treaty between Spain and United Kingdom – details

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