United Kingdom Tax News

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Emergency Budget for 2010-11 – Finance (No. 2) Act 2010 receives Royal Assent

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Emergency Budget for 2010-11 – company taxation

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Treaty between Germany and United Kingdom – details

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Treaty between Russia and United Kingdom – Gibraltar outside scope

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Reform of CFC regime: summary of main proposals

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Reform of CFC regime: summary of main proposals

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Protocol to treaty between UK and Jersey enters into force

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Pre-Budget Report for 2010-11: business taxation

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Treaty between United Kingdom and France enters into force

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Dutch dividend withholding tax exemption extended to certain EEA countries

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Protocol between Belgium and United Kingdom – details

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Budget for 2009-10 – Finance Act 2009 receives Royal Assent: exemption for distributions

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New treaty between Israel and United Kingdom – principle points agreed, but not yet signed

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ECJ finds Finnish dividend withholding tax regime incompatible with EC freedom of establishment

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ECJ: Cobelfret extended to domestic situations and potentially to dividends received from third countries

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ECJ: Netherlands' non-exemption of dividends paid to certain EEA countries from withholding tax found incompatible with EEA Agreement

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Protocol to treaty between Isle of Man and UK enters into force

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Treaty between India and UK – Indian decision on whether payments for software constitutes royalty or business income

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UK ratifies tax treaty with France

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European Commission refers Germany to ECJ over taxation of outbound dividends

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Protocol between UK and Switzerland enters into force

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Pre-Budget Report for 2009-10 presented to Parliament

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Treaty between Australia and UK – negotiations

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Treaty between India and UK – Indian ruling on whether payments for lease of satellite transponder qualify as royalty

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ECJ: Advocate General finds Belgian withholding tax on interest paid to companies resident in other Member States compatible with EC freedom of establishment – details

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Preliminary ruling requested from ECJ regarding Belgian anti-abuse provision concerning exceptional and gratuitous advantages

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Treaty between UK and Netherlands – details

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Treaty between UK and Slovenia enters into force

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Preliminary ruling requested from ECJ on interpretation of EC Parent-Subsidiary Directive with respect to Italian tax on dividend adjustment (General Beverage)

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The Australian Taxation Office (ATO) released for comment Draft Taxation Determination ATO TD 2008/D15, which considers the Australian (and UK) taxation consequences of paying and receiving a return under an enhanced bond investment by an Australian taxpayer from a UK bank. The Draft Determination was released on 24 October 2008 and comments are invited by 21 November 2008.

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