EU principles

EU principles guidance:

ARCHIVED: This Practice Note has been archived and is not maintained. This Practice Note explains: • the general concept of controlled foreign company (CFC) rules • the...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. Thin capitalisation and transfer pricing are related but slightly different concepts. Some consider...

Practice Note

What is the concept behind the EU FTT? The original Financial Transaction Tax (FTT or ‘Tobin tax’) Directive proposal (published in September 2011) was a very...

Practice Note

The EU imposes its own legal order under which the Member States agree to limit their sovereign rights in certain areas, having transferred the relevant powers to EU...

Practice Note

This Practice Note looks at the position where a person has overpaid tax (ie paid an amount by way of tax where tax was not due) and their rights to recover that amount...

Practice Note

FORTHCOMING CHANGE: HMRC intends to extend the statutory regime applying to repayment interest for direct taxes (in Finance Act 2009) to VAT. This change was intended to...

Practice Note

Article 107(1) TFEU defines State aid as 'any aid granted by a Member State or through State resources in any form whatsoever which distorts or threatens to distort...

Practice Note

VAT is a European tax. Council Directive 2006/112/EC (the VAT Directive) lays down the infrastructure for a common VAT system, which each Member State is required to...

Practice Note

This Practice Note provides an overview of the EU State aid rules, and specifically what constitutes ‘aid’ for the purposes of Article 107(1) TFEU. Overview of the EU...

Practice Note