In a joint position paper, France and Germany have set out their proposed approach to a common corporate tax base (CCTB) for the EU, with some notable modifications to the European Commission’s latest CCTB proposal.
The government has made regulations providing for the publication of state aid information to comply with the European Commission’s conditions for approval of the enterprise management incentives (EMI) scheme.
The fifth money laundering directive was published in the EU official journal on 19 June and will come into force on 9 July. The directive introduces broader access to information on beneficial ownership of companies and trusts, and tighter controls on certain transactions.
Vanuatu has signed the OECD’s ‘Multilateral convention on mutual administrative assistance in tax matters’, bringing to 123 the number of jurisdictions participating in the convention.
HMRC has published the following:
Penalty for non-payment of APN
Penalty for non-compliance with an information notice