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Issue : Vol 189, Issue 4845
20 Jun 2022
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IN THIS ISSUE
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2
UK government delays implementation of OECD pillar 2 framework
Draft legislation will be published in the summer to implement the Organisation for Economic Co-operation and Development’s (OECD’s) pillar 2 framework in the UK, the financial secretary...
Repayment of company debt was not allowable deduction
I Tedesco (
TC8498
)
Controlled foreign companies exemption was state aid
UK and ITV plc v European Commission (Cases T-363/19 and T-456/19), General Court of the EU, 8 June 2022...
No clear definition of ‘period of ownership’
G and S Lee (
TC8502
)
Nothing more the taxpayer could have done
E Curtis (
TC8499
)
Tax advantage was the main purpose of loan relationship
JTI Acquisition Company (2011) Ltd ( TC8493)...
Nature of link between advertising costs and sales
Sofology Ltd and DFS Furniture Company Ltd (TC8480)...
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READERS'
FORUM
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Readers’ forum: Purchase invoice and partial exemption calculations
Readers’ forum: Tax considerations when transferring valuable metals
Readers’ forum: Does robbing Peter to pay Paul have unintended consequence?
Readers’ forum: Goodwill good?
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NEWS
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Unintended tax consequence of Renters’ Rights Act avoided
No appeal in Colchester Institute Corporation case
New dedicated helpline for trusts queries
Last-minute pension saving could prove costly
Taxes on UK workers rise at fastest rate in OECD
DEADLINE DATES
Deadline dates for June 2026
CASES
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No level of direction needed for host employer liability
Second-hand margin scheme record-keeping failure
Failure to pay contributions was breach of statutory duty
Expenses knowingly overclaimed
Impossible for voluntary returns to be late