Brexit has made a re-appearance in the headlines with a further round of UK/EU negotiations taking place and the UK agreeing its first major trade deal with Japan. While much uncertainty remains around the nature of the UK’s future trading relationship with the EU it is clear there will be significant changes particularly for importers and exporters and businesses must resume preparations urgently. In the US final regulations have been published in respect of the base erosion and anti-abuse tax regime. Helpful changes have been made which limit the potential scope. Meanwhile the OECD has been busy working behind the scenes on taxation of the digital economy ahead of upcoming meetings in October and November. The OECD’s annual report on tax policy trends shows common themes in how governments around the world have responded to the challenges of Covid-19. These mirror the UK’s approach of initially...
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Brexit has made a re-appearance in the headlines with a further round of UK/EU negotiations taking place and the UK agreeing its first major trade deal with Japan. While much uncertainty remains around the nature of the UK’s future trading relationship with the EU it is clear there will be significant changes particularly for importers and exporters and businesses must resume preparations urgently. In the US final regulations have been published in respect of the base erosion and anti-abuse tax regime. Helpful changes have been made which limit the potential scope. Meanwhile the OECD has been busy working behind the scenes on taxation of the digital economy ahead of upcoming meetings in October and November. The OECD’s annual report on tax policy trends shows common themes in how governments around the world have responded to the challenges of Covid-19. These mirror the UK’s approach of initially...
If you are not a subscriber, subscribe now to read this content.
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