While every attempt will be made to ensure that information provided is accurate at the time of publication, it should be treated as guidance only and does not constitute legal or professional advice. Tax law and guidance changes frequently and readers are advised to consult the current relevant publication for the most up-to-date information on this topic.

This month, the G8 summit at Lough Erne has been the focus of media attention and there were a number of commitments on taxation made by the leaders, mainly around transparency and information sharing. The EU has also been making progress on transparency. Meanwhile, in Switzerland, the government has published plans to strengthen the competitiveness of the Swiss tax regime for holding companies. In the UK, we have seen an update to the CFC draft guidance and the FATCA draft guidance and regulations, while the Marks & Spencer case on cross-border group relief has continued ts journey through the courts.

Download the full article

You may also be interested in