UK Tax Round Up

Welcome to August’s edition of the UK Tax Round Up. August turned out to be not such a quiet month on the UK tax front. We have seen several important and technical case law decisions, including the HMRC v Murphy and BlueCrest Partnership cases, as well as the tax implications of hybrid and distance working. 

on August 2022

UK Tax Round Up

Welcome to July’s edition of the UK Tax Round Up. This month has seen an interesting decision of the First-tier Tribunal on the salaried member rules as they apply to asset manager LLPs, a surprising decision on the terms required in intragroup/shareholder loans for transfer pricing purposes and the first GAAR panel opinion defeat for HMRC. In addition, the government published the scope of tax provisions to be covered in the Finance Bill 2022-23 and has reported on its consultation on codifying employment status.

on July 2022

HMRC Announces Welcome Changes to the QAHC Regime

From Tax Talks Blog on July 26, 2022

BlueCrest FTT Decision – Salaried Member Rules and Asset Managers

From Tax Talks Blog on July 14, 2022

UK Tax Round Up

Welcome to July’s edition of the UK Tax Round Up. This month has seen an interesting decision of the First-tier Tribunal on the salaried member rules as they apply to asset manager LLPs, a surprising decision on the terms required in intragroup/shareholder loans for transfer pricing purposes and the first GAAR panel opinion defeat for HMRC. In addition, the government published the scope of tax provisions to be covered in the Finance Bill 2022-23 and has reported on its consultation on codifying employment status.

on June 2022

Entain’s Acquisition of BetCity

Proskauer is noted for advising BetCity on its sale to Entain plc.

From Global Legal Chronicle on June 16, 2022

Proskauer Advises BetCity on its Acquisition by Entain plc

on June 14, 2022

Entain Agrees to Buy BetCity for Initial Consideration €300m

Proskauer is noted for representing BetCity in its sale to Entain plc. (Coverage of Proskauer's representation also appeared in Law360)

From Bloomberg on June 14, 2022

HMRC Clarifies Application of QAHC Regime to Corporate Lending Vehicles

From Tax Talks Blog on June 10, 2022

UK Tax Round Up

Welcome to May's edition of the UK Tax Round Up.  This month has seen a number of interesting court decisions, an important opinion of the European Commission’s Advocate General and the commencement of a Treasury consultation on potential reform of the capital allowance rules.

on May 2022