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Member Articles


2020 Tax Developments: The Year in Review and Looking Ahead to 2021

As 2020 draws to a close, we look back at significant tax legal developments this year (most, but certainly not all, related to COVID-19 relief) and look ahead to potential tax changes being contemplated by the incoming ...

Tax-free Christmas Party and Trivial Benefits in 2020 (for UK Businesses)

Whether you are planning for your (virtual) Christmas party this year, or considering sending staff a gift instead, it is helpful to know how HMRC treats benefits-in-kind for the holiday season this year. Watch this 5-m ...

Section 962 to the Rescue: How U.S. Shareholders Can Get a Foreign Tax Credit to Help with GILTI

Author: Ray Polantz Pass-through forms of business such as S Corporations and partnerships offer certain domestic tax benefits — namely, the avoidance of double taxation and the ability to claim the 20% deduction unde ...

Introducing the Virtual Christmas Party Tax Exemption

Author: Rosy Hughes, Head of Private Client Tax It’s that time of the year where the office chatter would usually be surrounding the imminent Christmas office party and the chance for staff to enjoy an evening out ce ...

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