Financial Instruments Tax and Accounting Review

At a European accounting research conference in Switzerland, Thierry Kenel told participants what had induced Swatch Group to switch from IFRS in 2013, and how that had worked out. He pointed to IFRS importing market volatility into the balance..

In this commentary, Travis A. Greaves considers responses to the legislation from parties including taxpayers, banks and governments, and provides some predictions on how the results of the 2016 US election may impact the future of FATCA. The..

The FTT considered a number of contracts finding mainly for the taxpayer in that it was acting as agent. This case on UK hotel accommodation concerns the same issue as that considered in Secret Hotels2 Ltd (SH2) SC [2014]. If the taxpayer is..

HMRC has updated its Statement of Practice on APAs. The new version reiterates HMRC’s commitment to APAs, but clarifies some limitations. Following on from recent developments at the OECD and the European Commission in transfer pricing..