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Corporate Tax

16 August 2019
Elena Christodoulou EU directive on administrative cooperation in field of taxation amended

European Union - Elias Neocleous & Co LLC

The European Union has added further impetus to its objective of providing greater transparency with regard to harmful tax practices through an amendment to EU Directive 2011/16/EU. The directive has introduced the mandatory reporting of cross-border arrangements that are indicative of potentially aggressive tax planning. The relevant disclosure requirements must be followed by intermediaries and, in some instances, taxpayers.

Author: Elena Christodoulou
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HMRC turns to companies to police tax evasion

United Kingdom - Kingsley Napley

The Serious Fraud Office's guidance on self-reporting suggests that Her Majesty's Revenue and Customs is now turning to companies themselves to tackle tax avoidance and evasion. The guidance states that prosecutors will assess whether a self-reporting corporate has been genuinely proactive. Critical to such an assessment is whether the corporate has provided sufficient information about its operations, including making witnesses available and disclosing the details of any internal investigations.

Author: Edmund Smyth
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Recent updates

Maurus Winzap Fundamental changes to Swiss withholding tax on interest payments

Switzerland - Walder Wyss

Authors: Maurus Winzap, Fabienne Limacher
Pranay Bhatia Union Budget 2019: key tax highlights

India - BDO LLP

Author: Pranay Bhatia
Andrew Roberson Tax blog: new Q&A for Section 965

USA - McDermott Will & Emery

Authors: Andrew Roberson, Justin G Crouse
Valery Narezhniy Russia ratifies MLI

Russia - Gorodissky & Partners

Author: Valery Narezhniy
Dominique van der Westhuizen Preference share funding structures: overview of Companies Act and Income Tax Act provisions

South Africa - Cliffe Dekker Hofmeyr

Authors: Dominique van der Westhuizen, Chanté du Plessis, Roelf Horn