Essentials - December 2007

December 2007

This edition of our Essentials newsletter covers the latest accounting, tax and legal matters, plus a calendar for finance directors that features key upcoming dates and deadlines.

Contents:

Accounting

• European Parliament passes resolution to endorse IFRS 8, 'Operating segments'
• Provisions of Companies Act 2006 coming into force from 1 October 2007

Direct Tax

• Dividend withholding tax on outbound dividends breaches EC Treaty, ECJ finds in Amurta case

Indirect Tax

• If the cap fits…

Legal

• Companies Act 2008: update

Risk

• Documenting tax structuring

Focus On

• British tax payers confused about taxes

Finance Directors Calendar