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Two weeks to 16 October 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
Visit our global crisis centre webpage and our COVID-19 hub on TheSuite continue to keep up to date with developments on this topic.  Of particular relevance to multinational companies operating in the UK, navigate the global tax, legal and economic measures in response to COVID-19 by territory here

Research and development incentives

Designated recognised stock exchanges
HMRC has updated the list of designated recognised stock exchanges for the purposes of section 1005 Income Tax Act 2007. MERJ Exchange Limited has now been designated as a recognised stock exchange.