Leslie Allen and Waqar Shah (Mishcon de Reya) examine a recent decision on VAT treatment of contingent discounts and credit notes
Sara Luder (Slaughter and May) explains why politicians should think carefully about the consequences of proposed tax changes
For any transaction involving bonds or notes, there are a number of potential difficulties that may arise, which may include issues involving stamp taxes, VAT, withholding tax, FATCA, and the tax treatment of the bond issuer and bondholders. Eloise Walker and Abigail McGregor provide a handy practice guide for advisers
Timothy Jarvis considers the recent decision in McLaren Racing concerning whether penalty fines are tax deductible