IN BRIEF

The exclusion from the hybrid mismatch rules for regulatory capital instruments has been narrowed to comply with ATAD. 

Normative underpinnings and the public interest in tax collection

The UK authorities seek a facilitator link in corporate criminal tax investigations.

What happens to the UK VAT return in the case of a no-deal Brexit?

A welcome measure of clarity, but some questions remain.

Reaction to the OECD’s proposals

The OECD’s ‘unified proposal’ is an important shift away from the arm’s length principle, towards unitary taxation with formulary apportionment which would finally align multinationals’ taxable profits with the location of their real economic activity. 

BIAC does not for a moment underestimate the difficulty of reaching a broad and deep agreement on pillar one. 

Heather Self (Blick Rothenberg) examines John McDonnell’s pledge to reduce avoidance.

We knew that EU tax developments would start rolling in fast in the autumn. But what a pace!