The Government is moving ahead with the introduction of new rules which require “large” businesses to report uncertain tax treatments. Draft legislation has been included within the recently published Finance Bill 2021-22. In this newsletter we summarise and comment on the proposed notification rules. Background The draft legislation was published alongside the summary of responses to the previous further consultation that opened in April. Draft HMRC guidance is expected in the “coming weeks”. In overview, the rules apply to corporation […]
Read More...11 Aug 2021