During 2025, HMRC paused their concessionary treatment for administrative errors relating to withholding tax on cross-border interest payments.

On 8 February 2012, HM Treasury announced that it had agreed on a government-to-government approach to improving international tax compliance and implementing the US Foreign Account Tax Compliance Act (FATCA), an act designed to tackle cross-border tax evasion.

The Organisation for Economic Co-operation and Development have today released their common reporting standard document, which sets out a framework for exchange of information on financial accounts globally as well as recommended common due diligence procedures.

The Chancellor announced that the business rates incentives flowing from the new round of enterprise zones (EZs) will be extended for a further three years.

Today's papers contain some commentary on the negotiations (now more than four years old) between the EU and Switzerland to re-cut the arrangements governing the relationship between the EU and Switzerland, ...

In our continuous commitment to providing valuable tools for our clients, we are excited to introduce the all-new ‘Corporate Comparison Guide' on our website...

A Joint Statement was released by the OECD’s Common Reporting Standard confirming the commitment to the new standard for automatic exchange of information.

The Government has announced it will review the double taxation treaty passport scheme to ensure it still meets the need of UK borrowers and foreign investors.

The Governments of Guernsey, Jersey and the Isle of Man released draft FATCA guidance notes on 31 January 2014 for both US and UK FATCA Intergovernmental Agreements as part of a consultation process.

Tax Counsel Elizabeth Spencer shares insights from her career in tax law, discussing her diverse practice spanning transactions, advisory work, and contentious matters at McDermott Will & Emery. She reflects on the evolving nature of tax legislation and offers perspective on building expertise in this dynamic field.

There has been considerable publicity in recent months on the alleged tax avoidance perpetrated by multinationals that has resulted in the Organisation of Economic Cooperation and Development (OECD) publishing its action plan on base erosion and profit shifting.

In our latest tax podcast, Ian Hyde and Matthew Greene of our tax disputes team discuss the role played by double taxation treaties in tax disputes.

The UK government has announced that four overseas territories have signed intergovernmental agreements to improve international tax compliance.

On 3 February 2014, HMRC released selected draft guidance notes covering the obligations for UK Financial Institutions under the International Tax Compliance Regulations 2014.

In this article for the June edition of French estate planning journal Ingénierie Patrimoniale, Edward Reed and George Mitkov...

Today HMRC released updated Guidance Notes on implementing FATCA in the UK.

The Court of Appeal in its recent judgement in the Schofield case has dealt another blow the tax avoidance industry.

The US Department of Treasury and the Internal Revenue Service released temporary regulations that revise and clarify the final FATCA regulations.

When the Coalition Government took office, it announced a fundamental reform of corporation tax.