United Kingdom Tax News
Budget for 2013-14: measures for inclusion in Finance Bill 2013 – anti-avoidance and tax management
Treaty between Spain and United Kingdom – details
Combating tax evasion – UK announces cooperation with the Isle of Man
Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision
Treaty between Russia and UK – Russian MoF clarified whether partnerships may benefit from tax treaty provisions
Protocol to treaty between United Kingdom and China (People's Rep.) signed
Treaty between Barbados and United Kingdom enters into force
Protocol to treaty between Belgium and United Kingdom enters into force
Non-standard treaty tie-breaker rules for company residence – guidelines published
Treaty between Bahrain and United Kingdom enters into force
Amending exchange of letters to treaty between Switzerland and United Kingdom enters into force
Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward
Settlement opportunity for participant in tax avoidance schemes
Treaty between Korea (Rep.) and Belgium – Korean decision on application of Korean domestic anti-abuse provisions to tax treaties
Interaction of CFC rules with worldwide debt cap rules – regulations published
Autumn Statement – main points
Protocol to treaty between Singapore and United Kingdom enters into force
Treaty between Liechtenstein and United Kingdom enters into force
Withholding tax agreement between Switzerland and United Kingdom enters into force
Controlled foreign companies – excluded banking business profits: regulations published
Finance Bill 2013 – Targeted anti-avoidance rules: trade and property deductions
Treaty between India and United Kingdom – Indian decision that all transactions that lead to tax savings cannot be regarded as a colourable transaction
Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building
Interaction between CFC rules and worldwide debt cap rules – draft regulations published
Treaty between India and United Kingdom – Indian decision that slot hire agreements fall within the ambit of operation of ships for treaty purposes
CFC rules: excluded banking business profits – draft regulations published
Additional draft guidance published on controlled foreign companies and permanent establishments
FCE Bank case – Court of Appeal holds UK's former group relief rules in breach of treaty non-discrimination article
Protocol to treaty between India and United Kingdom signed
UK-US FATCA agreement signed
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