Mark Middleditch (Allen & Overy) reviews recent tax developments affecting the City, including new consolidating regulations for country by country reporting; withholding tax exemptions for private placements; mandatory disclosure and CFCs; and banks’ compensation expenditure
Jonathon Egerton-Peters provides an overview of the code of practice for banks following last week’s Autumn Statement and this week’s draft Finance Bill legislation.
Tony Beare comments on the draft guidance in relation to the meaning of ‘the intentions of Parliament’ and on the draft legislation dealing with breaches of the code.
Helen Lethaby reviews key developments in recent weeks