TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

HMRC - New Regulations on the Taxation of Securitisation Companies and Petroleum Revenue Tax

The Taxation of Securitisation Companies

This concerns the relationship between International Accounting Standards (IAS) and corresponding tax issues.

The regulation, with a proposed commencement date of 1 January 2007, is available at http://www.hmrc.gov.uk/si/si-securitisation.pdf with an explanatory memorandum available at http://www.hmrc.gov.uk/si/si-securitisation-em.pdf.

Petroleum Revenue Tax and Oil Taxation

Three regulations were laid before the UK House of Commons setting out further details of the rules relating to Petroleum Revenue Tax and Oil Taxation.

The regulations, together with an explanatory memorandum, are available at http://www.hmrc.gov.uk/si/oiltaxation-regs-hc3.pdf.