News: November 2012
● Case Report: MJP Media Services Ltd v R & C Commrs
● Dormant companies becoming active for Corporation Tax
● HMRC seeks power to break legal speed limit
● Tax fraud and evasion top of hit list for EC
● CBI urges Chancellor to hold steady and spend wisely
● KPMG & Deloitte face lawsuit over HP’s Autonomy acquisition
● Case Report: Finanzamt Steglitz v Zimmermann (Case C-174/11)
● Case Report: R & C Commrs v Volkswagen Financial Services (UK) Ltd [2012] UKUT 394 (TCC)
● HMRC issues RTI exceptions as deadline looms
● OECD to consider new international tax rules
● Case Report: Mednis SIA v Valsts ieņēmumu dienests
● Employment-Related Shares & Securities Bulletin
● French govt. on track to legislate against online tax evasion
● Lower taxes behind UBM’s return to UK
● Canadian Carney is new Bank of England Governor
● IIRC sets out prototype for integrated reporting
● HMRC targets tax-evading landlords and rag traders
● Senior exec avoidance under scrutiny by HMRC
● Calls for radical IFRS changes
● ADR trial for SMEs and Individuals accepting applications beyond 30 November
● Case Report: Finanzamt Hildesheim v BLC Baumarkt GmbH & Co KG Case C-511/10
● ICAEW in ‘one in, two out’ plea to government
● Additional draft guidance for CFC reform published for consultation
● Guidance on the tax treatment of payments to individuals and other non-corporates
● Guidance on the tax treatment of payments to UK companies
● Case Report: Scofield [2012] TC 02344
● Case Report: Okolo v R & C Commrs
● Australia tax crackdown on multinationals
● Case Report: Murray Group Holdings and Ors v FOD Financien
● RTI software approval updates ‘lagging’
● PIRC says it had auditor concerns over Autonomy case
● Senior investors slam IFRS for lacking prudence
● Case Report: Panesar v FOD Financien
● HMRC Notice 701/57 Health professionals and pharmaceutical products
● PAC raises concerns with Accenture’s tax payments
● Tax breaks on infrastructure could unlock new growth, says poll
● Equitable Life probe - case closed by FRC
● IASB hosts public forum to discuss disclosure overload
● Brussels does U-turn on board quota plan
● PAC grilling of US firms’ ‘tax planning’ exhorts MPs ire
● Case Report: Kelcey And Hall Solicitors [2012] TC 02333
● Case Report: DV3 RS Ltd Partnership v R & C Commrs [2012] UKUT 399 (TCC)
● Case Report: Aabsolute Bond Ltd [2012] TC 02343
● BDO poll shows positivity amidst the gloom
● HMRC proposals for allowing extra time to send real time PAYE returns
● HMRC Notice 828 Tariff Preferences: Rules of origin for various countries
● Case Report: Tanjoukian v R & C Commrs [2012] UKUT 361 (TCC)
● Case Report: Explainaway Ltd & Ors v R & C Commrs [2012] UKUT 362 (TCC)
● *Special feature* - Significance of the Protocol to the UK/India Double Taxation Treaty
● Appetite for CFOs to serve on corporate boards on the up
● Auditors find major EU spending errors - again
● FRC publishes lab reports on ‘debt’ and ‘cash flow’
● Ex-KPMG chief defends firm’s audit of HBOS
● No room for FATCA complacency, warns PwC
● Interim committee to take forward GAAR
● France unveils €20bn in tax breaks
● Pearson's CFO criticises recent IFRS work
● IASB/FASB convergence a 'failure', says FRC
● Total People succeeds in epic HMRC battle
● Record fuel taxes for UK motorists
● New HMRC guidance on reverse charges at VAT groups
● HMRC’s RTI rolls onto next stage
● HMRC tax assurance commissioner publishes new code
● HMRC admits Government powerless to force multinationals to declare profits
● Case Report: Marcus Webb Golf Professional v R & C Commrs [2012] UKUT 378 (TCC)
● Cigarette smuggling ring smoked out by HMRC
● Disclosure of Tax Avoidance Schemes (DOTAS)
● Commencement of a second project on remuneration reporting
● Exception to the consolidation requirements in IFRS 10 for investment entities
● HMRC issues letters to families affected by Child Benefit changes
● Case Report: Buzzoni & Ors v R & C Commrs 2012 UKUT 360 (TCC)
● Changes to registration procedures for money transmitters
● IFRS Foundation calls for global standard-setters 'forum'