2021 BUDGET

4 March 2021 Yesterday, 3 March 2021 the Chancellor, Rishi Sunak, delivered his second Budget. Given the dire straits of the country’s finances due to the effects of the fight against Covid-19...

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4 March 2021 / Comments (0)

State aid: Commission approves prolongation of UK Enterprise Management Initiative scheme

16 May 2018 The European Commission has approved under EU State aid rules the prolongation of the UK Enterprise Management Initiative scheme, which reduces the taxation of employee share options for...

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16 May 2018 / Comments (0)

Treaty between Russia and UK – Russian MoF clarified whether partnerships may benefit from tax treaty provisions

8 June 2017 On 07 February 2013, the Ministry of Finance issued Letter No. 03-08-13 clarifying whether a limited liability partnership (LLP) incorporated under the UK legislation may be considered a...

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8 June 2017 / Comments (0)

India – Decision on method of valuation of shares for determining ALP for sale of shares

8 June 2017 The Indian Income Tax Appellate Tribunal (ITAT) delivered its decision on 2 January 2013 in the case of Ascendas (India) Pvt. Ltd. v. DCIT (ITA No. 1736/Mds/2011) that the Discount Cash...

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8 June 2017 / Comments (0)

Combating tax evasion – UK announces cooperation with the Isle of Man

8 June 2017 On 19 February 2013, the United Kingdom and the Isle of Man agreed measures between them to combat tax evasion. The package covers both the automatic exchange of information and a...

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8 June 2017 / Comments (0)

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