Updated: added 'Promoters of tax avoidance schemes, amendment of return to take account of relevant judicial rulings and DOTAS' info
The government has published further draft legislation on Finance Bill 2014. If you wish to comment on any of the draft legislation, please use the contact details provided at the end of each explanatory note.
Promoters of tax avoidance schemes, amendment of return to take account of relevant judicial rulings and DOTAS
On 24 January the government published draft legislation and supporting documents on the proposals in the Raising the Stakes on Tax Avoidance consultation. The draft legislation will be open for technical consultation until 24 February 2014.
Avoidance schemes using total return swaps
On 23 January 2014 the government updated the draft legislation it had published with immediate effect from 5 December 2013 on avoidance schemes using total return swaps.
Modernising the taxation of corporate debt and derivative contracts
On 17 January 2014 the government published draft legislation and supporting documents on modernising the taxation of corporate debt and derivatives contracts. The draft legislation will be open for technical consultation until 14 February 2014.
Artificial use of dual contracts by non-domiciles
On 16 January 2014 the government published draft legislation and supporting documents on the artificial use of dual contracts by non-domiciles. The draft legislation will be open for technical consultation until 13 February 2014.