Jeanette Zaman and Zoe Andrews (Slaughter and May) review recent tax developments affecting the City.
Helen Lethaby takes stock of the changes which have fundamentally changed the rules of engagement between the financial sector and HMRC over the past few years, looking in particular at the impact of the banking code of practice and the GAAR on the behaviour of taxpayers, HMRC and the courts
With the EU audit reforms set to come in over the next year or two, these will have a significant impact on the market for tax compliance and advisory services, especially in the financial sector, writes Peter Carville