The Knowledge, Analysis and Intelligence (KAI) directorate is HMRC’s central analytical team, which provides analysis and research on all areas of the tax system to HMRC and HM Treasury. Mike Hawkins, deputy director of KAI’s Enforcement and Compliance team, answers Tax Journal’s questions on HMRC’s research agenda.
David Boneham (Deloitte) summarises what the disregard regulations cover, and explains the aspects that companies need to consider when adopting new UK GAAP.
HMRC is unable to answer FOI request on the Lagarde list, writes John Barnett (Burges Salmon).
Tony Beare (Slaughter and May) examines the recent eagerly anticipated First-tier Tribunal decision of Next Brand Ltd v HMRC on dividend boosters.
Online retailer Amazon has confirmed that, from 1 May, it is now recording retail sales made to customers in the UK through the UK branch. Previously such sales were recorded in Luxembourg.
The OECD invites comments by 17 June 2015 on its revised discussion document, BEPS action 6: Prevent treaty abuse (see www.bit.ly/1SnmjL89).
Stepping up the fight against tax crimes and terrorist financing, EU member states will be required to keep a central register of persons, including trusts, with effective ownership and control of companies, under the fourth anti-money laundering directive under new rules already agreed with the
Australia, like the UK, has announced new measures countering the diversion of profits by multinationals, writes Heather Self (Pinsent Masons). The measures increase the pressure on the US to engage with the OECD’s BEPS project.
The OECD invites comments by 12 June 2015 on a new discussion draft for action 7 of the BEPS action plan (see www.bit.ly/1HmYCwj). This reflects comments received on the first discussion draft published in October 2014.
HM Treasury has published the minutes of the last meeting of the Business Forum on Tax and Competitiveness, held on 26 February.