The changes contained in the Corporate Tax Bill concerning the treatment given to the depreciation and value impairment of fixed assets call for the reflection about the consequences that will derive from their implementation, and possible actions to adopt before they enter in force. The Bill sets forth changes in...

We are likely to see further tax changes announced in the Autumn Statement in relation to the taxation of property. This follows a period of consultation. Capital gains tax is to be extended to overseas holders of residential property in an effort to equalise the tax treatment between residents and...

On 3 September 2014, the European Court of Justice ruled against (C-127/12) the Inheritance and Gift Tax in Spain (IGT). Said tax discriminates against non-EU or European Economic Area (EEA) tax paying residents and, as a result, does not comply with the Treaty on the Functioning of the European Union...

Many sharing economy platforms involve “buying” personal services. This relates to tasks ranging from cleaning, caring, driving, meal deliveries, valet parking, shopping and odd jobs to IT services and “professional” services. In this regard, the sharing economy is about sharing skills as much as it is about sharing assets. Some...

6 April 2016 saw the coming into force of s339A of the Income Tax (Earnings and Pensions) Act … or in other words the end (for the most part) to the payment of tax free travel, subsistence and accommodation expenses (“T&S”) to agency workers engaged via so-called umbrella companies. Dividend-based...

Brief commentary to the ruling dated 16th of March 2016 from the Spanish Supreme Court. The Spanish Supreme Court has recently had the opportunity to issue a ruling with regard to the tax treatment of the controversial “ juros sobre o capital propio ” from Brazil (“ Juros “). Shareholders...

Online registration, self-certification and digital reporting of employee share plans was introduced by HMRC on 6 April 2014. Mairi Granville-George and Sue El Hachmi provide an update on HMRC’s Employment Related Securities Service in an article for Tax Adviser Magazine, which can be downloaded here . [Article first published in...

The Finance Committee of the French National Assembly just approved an amendment introducing a new tax levied notably on advertising revenue received by video broadcasting platforms, including Youtube. Although the text still needs to be approved by both the French National Assembly and the Senate, this might be a first...

The French government released on September 28, 2016, the draft of the Finance Act for 2017. The main measures relating to corporations and individuals are described below. Decrease of the standard rate of the corporate income tax Current regime The standard rate of corporate income tax is currently equal to...