Advanced Topics in Revenue Law: Corporation Tax; International and European Tax; Savings; Charities

by John Tiley, Glen Loutzenhiser

Overview

The last several years have seen fundamental changes to the UK tax system. Nearly the entirety of the UK corporation tax and international tax rules have been rewritten by three new statutes – the Corporation Tax Acts 2009 and 2010 and the Taxation (International and Other Provisions) Act 2010. The UK has also implemented major new policies affecting the taxation of pensions, charities, savings vehicles, 'non-doms' and the foreign profits of UK companies. In addition, European Union law, and especially the case law of the Court of Justice of the European Union, has had an increasingly important impact on UK corporation tax and international tax law in particular.

This new book on advanced topics in UK tax law is derived from material previously found in John Tiley's major text on Revenue Law that has been expanded and comprehensively updated to take account of these developments. The book deals with Corporation Tax, International and European Tax, Savings and Charities, in a manageable and portable volume for law students and practitioners. It complements the material on UK Income Tax, Capital Gains Tax, and Inheritance Tax found in Revenue Law, 7th edition.

Unlike other tax law books, this text explains the new rules found in CTA 2009, CTA 2010 and TIOPA 2010 in light of its legislative predecessors. The book contains extensive references to the new legislation and also to the former enactments in ICTA 1988 and elsewhere. Those familiar with the old law but wanting to find their way round the new will find this work particularly valuable.

The book is designed for law students taking advanced tax courses in the final year of their law degree course and for graduate students, but is intended to be of interest to all who enjoy tax law. Its purpose is not only to provide an account of the rules but to include citation of the relevant literature from legal periodicals and some discussion of or reference to the background material in terms of policy, history or other countries' tax systems.

Product Details

ISBN-13:	9781782250395
Publisher:	Bloomsbury Publishing
Publication date:	01/07/2013
Sold by:	Barnes & Noble
Format:	eBook
Pages:	646
File size:	1 MB

About the Author

John Tiley passed away on the 30 June 2013. He was a Life Fellow of Queens' College, Cambridge, and Emeritus Professor of the Law of Taxation in the University of Cambridge.
Glen Loutzenhiser is the Pinsent Masons University Lecturer in Tax Law and Fellow of St Hugh's College, Oxford.
John Tiley passed away on the 30 June 2013. He was a Life Fellow of Queens' College, Cambridge, and Emeritus Professor of the Law of Taxation in the University of Cambridge.
Glen Loutzenhiser is Professor of Tax Law at the University of Oxford, UK, and Tutorial Fellow of St Hugh's College.


Photo courtesy of Faculty of Law, University of Oxford.

Table of Contents

Preface
List of Abbreviations
Table of Cases
PART I CORPORATION TAX
1 Corporation Tax-Introduction, History and Policy
2 Structure
3 Distributions
4 Computation (1): General Rules
5 Computation (2): Accounting Based Rules for Specific Transactions
6 Capital Allowances
7 Groups and Consortium Companies: General
8 Control, Groups and Consortium Companies: Capital Gains
9 Exempt Distributions: Demergers
10 Close Companies
11 Employee Share Schemes
12 Anti-Avoidance: Special Provisions
PART II INTERNATIONAL AND EUROPEAN TAX
13 International Tax: Prologue and Connecting Factors
14 Enforcement of Foreign Revenue Laws
15 UK Residents and Foreign Income
16 Source: The Non-Resident and the UK Tax System
17 Controlled Foreign Companies Resident in Low Tax Areas
18 Capital Gains
19 Relief against Double Taxation: Unilateral Tax Credit and Exemption
20 Double Taxation: UK Treaty Relief
21 European Tax
PART III SAVINGS
22 Favoured Methods
23 Investment Intermediaries
24 Pensions
PART IV CHARITIES
25 Charities
Index