It hardly needs repeating that the existing income tax treaty system struggles under the weight of global economic integration. Liberalization of state economies and transnational integration of businesses disturb the foundations upon which the tax treaty system is based. These phenomena also...

This article identifies and discusses some commonly made claims about the EU Commission's proposed FTT: (i) ordinary citizens and businesses will hardly be affected by the FTT, (ii) the proposed FTT is a “small tax”, (iii) the financial sector is under-taxed, (iv) high-frequency trading...

This book chapter discusses the background to the UK General Anti-Avoidance Rule, analyses the wording of the legislation and looks at its relationship with double taxation treaties and EU and OECD developments