Tax news highlights: June 2021

In this podcast, Zoe Andrews and Tanja Velling discuss the Supreme Court decisions in Hurstwood Properties on the application of the Ramsay principle to business rates legislation and Tooth on discovery assessments, clarifying the meaning of “deliberate error” and dismissing the concept of staleness. They also consider two cases concerning tax covenant and warranty claims, Dodika before the Court of Appeal and TP Icap Ltd before the High Court, and judicial review proceedings in Heathrow Airport in respect of the withdrawal of an extra-statutory concession in respect of tax-free shopping. The podcast also provides an update on potentially settled points and open issues following the G7 agreement in respect of the OECD’s international tax reform project, and it covers the European Commission’s plan to make EU business taxation fit for the 21st century, highlighting the planned proposals for BEFIT, DEBRA and a WTO-compliant digital levy.