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Two weeks to 12 June 2020

Welcome to our latest update on recent developments in international and treasury tax of interest to multinationals operating in the UK.

Responding to the business impacts of COVID-19
As the international response continues, visit our global crisis centre webpage and our COVID-19 hub on TheSuite continue to keep up to date on this topic.  Of particular relevance to multinational companies operating in the UK:

Digital Services Tax - Navigating the winds of change
Businesses are increasingly having to consider their potential liability to UK digital service tax (DST) and developments in other territories' DSTs, all in the context of the wider OECD-led project seeking an Inclusive Framework consensus. Read our latest flyer highlighting the challenges and how we can help your business manage them.

Latest digital tax byte
This edition includes an update on Kenya's digital services tax (DST)/ significant economic presence (SEP) measure and an announcement that the US is beginning investigations into whether the UK's DST and various others are unfair or discriminatory toward US commerce.