Tax news highlights: October 2021

In this podcast, Zoe Andrews and Tanja Velling discuss the consultation response and draft legislation for the economic crime levy, the High Court decision in Almacantar on the application of estoppel by convention in the context of a notice of claim under a tax indemnity, and the First-tier Tribunal decisions in Shinelock on the interaction between the tax rules and net accounting and Marlborough rejecting a rather wide interpretation of the Supreme Court decision in Rangers argued for by HMRC. Zoe and Tanja also share some thoughts sparked by the press coverage of the Pandora Papers and briefly address the announcement that 136 out of the 140 member countries of the OECD/G20 Inclusive Framework on BEPS have reached agreement on international tax reform.