The government is consulting until 8 May 2014 on a ‘revenue-neutral’ reform of the bank levy, allocating banks into different charging bands according to their chargeable balance sheet equity and liabilities.
The government should declare victory on the policy objectives of the bank levy and now allow bank levy revenues to ‘free float’, writes Richard Milnes.
Abigail McGregor asks whether the financial transaction tax is on the rocks again
Equity capital markets transactions can take a number of different forms. Isaac Zailer and Aurrell Taussig examine the tax issues
John Watson, former head of tax at Ashurst, with assistance of Martin Precious, reviews the options for reform of the international taxation of corporate profits, in view of the OECD's action plan on tackling base erosion and profit shifting.
Richard Collier and Aamir Rafiq comment on the OECD's consultation on transfer pricing, held on 12 and 13 November.
Eloise Walker and Natalie Stoter consider some practical problems in M&A tax deeds in light of recent litigation.
Jackie Wheaton answers a query on the application of the transactions in securities rules to liquidations
Michael Hunter sets out some of the main issues to be thought through when advising on a capital contribution. He focuses on the risk of the contribution being taxed as trading income and on the tax treatment of the person making the contribution.
Bill Dodwell considers the proposed anti-avoidance measures tackling transfer pricing ‘compensating adjustments’.