Chancellor Alistair Darling and Christine Lagarde, the French minister for
economy, industry and employment, have signed a comprehensive double taxation
convention for consideration by the House of Commons later this year.
Darling said the new convention represented ‘continued progress in our
efforts to modernise our network of double taxation conventions and marks a
valuable step forward with one of the UK’s most important trading and investment
partners’, according to
The convention will enter into force and replace the existing convention of
1968 after passing through the parliamentary systems of both countries.
A convention with France signed on 28 January 28, 2004 will now not be
presented to Parliament and will therefore not enter into force.
MPs should be given the right to veto the appointment or dismissal of the senior leadership of the Office of Tax Simplification, the influential Treasury Select Committee has said
CIot urges HMRC to consider a delay to the 1 September 2017 introduction of its new corporate offence of failure to prevent the criminal facilitation of tax evasion
Three tax advisers have been arrested as part of a HMRC investigation into a suspected £132m tax fraud.
HMRC intends to extend the date for withdrawal of transitional relief on investment growth from 30 November 2016 to 31 March 2017