FREE ACCA BOOKS DOWNLOAD PDF The states may, however, agree jointly to enact specific laws, known as 'Directives', which provide for a common code of taxation within particular areas of their taxation systems. The most important example to date is Value Added Tax (VAT), where the UK is obliged to pass its laws in conformity with the rules laid down in the European legislation. Your Uxtheme.dll Version Is Not Currently Supported By This Patch more. The VAT Directives still allow for a certain FREE ACCA STUDY MATERIALS amount of flexibility between member states, eg in setting rates of taxation. FREE ACCOUNTING BOOKS There are only limited examples of Directives in the area of Direct Taxes, generally concerned with cross-border dividend and interest payments and corporate reorganisations.

However, under the EU treaties, member states are also obliged to permit freedom of movement of workers, freedom of movement of capital and freedom to establish business operations within the EU. These treaty provisions have 'direct effect', ie a taxpayer is entitled to claim that a UK tax provision is ineffective because it breaches one or more of the freedoms guaranteed under European Law. Korn Life Is Peachy Rar more. The European Court of Justice has repeatedly held that taxation provisions which discriminate against non-residents ACCA STUDY MATERAILS (ie treat a non-resident less favourably than a resident in a similar situation) are contrary to European Law, unless there is a very strong public interest justification. There are provisions regarding the exchange of information between European Union Revenue authorities. The long term implications of the UK referendum in June 2016 to leave the FREE DOWNLOAD FOR PDF European Union are not fully known. However, until the UK has gone through the process of ceasing its membership, European Union rules will continue to apply to the UK. 3.3.2 Other countries In general, EXAM PREPARATION & TUTORING the rules of tax jurisdictions of other countries do not have a direct interaction with UK tax.However, the UK has entered into double tax agreement with various countries, as discussed below.