Draft legislation on the corporation tax treatment of unrelieved surplus advance corporation tax *

United Kingdom - December 14 2012
The Shadow ACT system came into force after the abolition of ACT in 1999.

Co-authors: Philippe Freund.

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AG’s opinion in C-35/11 the test claimants in the FII group litigation *

European Union - July 20 2012
Advocate General Jääskinen released his opinion on the second reference in FII on 19 July.

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VAT on portfolio management: judgment in C-44/11 Deutsche Bank AG *

European Union - July 20 2012
This reference is concerned with the legality of charging VAT to portfolio management services by which a provider (in this case a bank) invests an individual’s portfolio in accordance with previously agreed risk strategies but without any further involvement of the client.

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Compound interest: judgment in C-591/10 Littlewoods v HMRC *

European Union - July 20 2012
The CJEU delivered judgment in the Littlewoods VAT case yesterday.

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High Court grants the ROSIIP GLO *

USA - June 29 2012
UK law permits savings held in a UK pension fund to be moved to an offshore pension fund provided it is on the UK Revenue’s list of qualifying funds (known as QROPS).

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