Two weeks to 3 April 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, how can you prepare your organisation and respond? Visit our global crisis centre webpage and our COVID-19 hub on TheSuite to keep up to date on this topic. Of particular relevance to multinational companies operating in the UK:
Hybrid and other mismatches - HMRC consultation
HMRC is seeking views on the technical application and impact of the double deduction and acting together rules to ensure that both operate proportionately, as intended. The consultation closes on 29 May 2020.
Tax treaty updates