M Hunt (TC4183)
Tax-efficient payment of dividends from a Cuban subsidiary to UK parent company
How gift aid works, and the special schemes it offers
Spring Salmon & Seafood Ltd v CRC, Upper Tribunal
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Fidex Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)
A company “transfers” properties to a director who owns them
Biffa (Jersey) Ltd (TC4094)
Careless error penalties: their application and consequences
The long-running saga of Marks & Spencer and cross-border group relief
HMRC have published a technical note on regulation 17(2) of the Authorised Investment Funds (Tax) Regulations 2006 (SI 2006/964), after representations from the industry.
The regulation forms part of the corporation tax acts dealing with income derived from land and buildings. It states, “Amounts chargeable to corporation tax in accordance with part 4 of CTA 2009 must not be included in any amount of income allocated for distribution as yearly interest.”
Vocalspruce Ltd v CRC, Court of Appeal
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