The agreement builds on the two-pillar approach outlined by the OECD and aims to tackle the challenges arising from an increasingly globalized and digital economy.
Key Points:
..Under Pillar One, the largest and most...more
The UK government broadens the scope of tax on non-resident persons and contemplates changes to stamp duty, taxing the digital economy, and Brexit-related changes.
In recent years the pace of change in the corporate tax...more
10 considerations for professionals and corporates worldwide in advance of the new law.
Overview -
In a move widely seen as a response to the so-called “Panama Papers” revelations, the UK Government has enhanced...more
4/27/2016
/ Consultation Periods ,
Criminal Liability ,
Due Diligence ,
Foreign Tax ,
Multinationals ,
Panama Papers ,
Proposed Legislation ,
Risk Assessment ,
Tax Evasion ,
Third-Party ,
UK ,
UK Bribery Act
A focus on hybrid arrangements, interest deductions, treaty abuse and permanent establishment structures.
On 5 October 2015, the OECD published its highly anticipated final reports in relation to Base Erosion and Profit...more