COMPLIANCE

Devolution is being undertaken piece-meal and inconsistently, writes Lakshmi Narain

James Bullock examines HMRC's consultation on closure rules and finds the proposals amount to a staggering 'inequality of arms'.

Hey, a new tax. As a tax adviser, that sounds like pretty good news. (Shame it is so bad for the country, but that's politics for you).

It is clear that the government feels the need to ‘do something’. However, it is much less clear that the diverted profits tax proposals is the best thing to do, as Heather Self (Pinsent Masons) explains.

The Public Accounts Committee held its follow-up hearing on the role

Practitioner views on the Autumn Statement:

• Helen Lethaby (Freshfields Bruckhaus Deringer) examines the impact on big business;
• Simon McKie (McKie & Co) reviews the private client perspective;
• James Bullock (Pinsent Masons) considers enforcement and compliance issues;
• David Whiscombe (BKL Tax) assesses the impact on SMEs;
• John Whiting (OTS) gives the Office of Tax Simplification’s view; and
• John Hawksworth (PwC) provides an economic perspective.

Jonathan Bridges (KPMG) examines the key points of the recently announced UK/German proposal for preferential IP regimes

In a development proclaimed by its organisers as ‘a huge breakthrough’, SSE plc became the first FTSE 100 company to be awarded the Fair Tax Mark – a ‘kite mark’ awarded to companies considered to be ‘open and transparent about their tax affairs and seek to pay the right amount of corporation tax

Jeanette Zaman and Emma Game (Slaughter and May) consider whether the conditions for demergers to qualify as exempt distributions are in need of an overhaul

Heather Self (Pinsent Masons) asks if this the end for the ‘double Irish’ structure