The Institute of Fiscal Studies (IFS), an influential think-tank, has criticised the UK government’s plans for a patent box as it made the case for a more efficient tax system.
A source has revealed that pre-filing talks have taken place, suggesting that China and the UK might be working on their first bilateral advanced pricing agreement (APA).
The UK tax authorities have set out their position on VAT exemptions for debt collection services after the European Court of Justice’s decision in the AXA case found against the taxpayer last year.
The Irish Revenue has confirmed that the tax measures in the Finance Bill, which include changes to the securitisation regime, will go ahead, despite the general election next month.
