A first time comprehensive double taxation agreement between the UK and Albania was signed on 26 March, HMRC announced. It ‘generally’ follows the OECD model convention.
New comprehensive double taxation conventions with Norway and Spain were signed on 14 March.
SI 2011/2725
A protocol amending the UK’s double taxation agreement with the People’s Republic of China (SI 2011/2724) was signed on 27 February.
There are no statistics measuring the impact of ‘attempted avoidance by reference to the use of inter-company loans’, says Treasury minister
Paul Radcliffe and Mark Semple consider whether the OECD’s latest proposals on ‘beneficial ownership’ represent the end of the debate on this issue or just another step towards the end.
Simon Whitehead examines the CJEU’s second ruling on this issue
HMRC has produced guidance, primarily for staff carrying out risk or compliance activity, on the appropriate use of information received under the European Savings Directive, including information about payments of the special withholding tax.
Ashley Greenbank and Martin Zetter consider the growing use of OECD principles in tax reform
Global Forum publishes peer reviews on 12 countries including Liechtenstein and Monaco