The Pre-action Protocol for Debt Claims (“the Debt Protocol”) came into force on 1 October 2017. It applies to any debt claim where a business (including sole traders and public bodies) is seeking to recover payment of a debt from an individual debtor (including a sole trader).
The fiscal year 2017 is full of important news related to transfer pricing rules. The 2017 edition of the Transfer Pricing Guidelines mainly reflects a consolidation of the changes resulting from the OECD/G20 BEPS Project.
Tax fraud and tax evasion affects us all. It occurs within a country and across different countries both within the EU and globally. For this reason, a single country cannot solve the problem on its own.
In the context of family businesses, it is common to hear about the possible advantages or benefits of the creation of holding companies, companies whose main purpose is to hold shares in another companies.