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New UK tax rules on dual/split contracts

From 5 April 2014 HMRC intends to target contrived arrangements which create “artificial divisions between the duties of a UK employment and an employment overseas in order to obtain a tax advantage”. The new legislation is expected to bring in £245m over the next 4 years. It remains unclear why such new legislation is even … Continue Reading

Interagency Snafu Delaying Issuance of Tax ID Numbers in Russia

This is an article from the Moscow Times on 14 March 2014, quoting Squire Sanders’ Anastasia Melnikov, Moscow.  It is a heads-up to any employer proposing to apply for a work permit for Russia.   A lack of coordination between two government agencies concerning taxpayer identification numbers is creating difficulties for some foreigners trying to get a Russian work permit. … Continue Reading

The UK “bump plan” – when childbirth is a bonus

Readers may have been seen BBC1’s Panorama programme earlier this week, which touched, amongst other things, on the so-called “bump plan.” Details of this entirely legal tax strategy came to be heard in unfortunate circumstances for a very highly regarded member of the tax profession, who has subsequently resigned his position on the GAAR panel- … Continue Reading
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