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G7 Tax Agreement Marks Significant Step Toward Global Tax Reform

The agreement builds on the two-pillar approach outlined by the OECD and aims to tackle the challenges arising from an increasingly globalized and digital economy. Key Points: ..Under Pillar One, the largest and most...more

COVID-19: Key UK Business Measures – Current State of Play

An up-to-date summary of key COVID-19 related measures announced by the UK government as of 3 May 2020. Key Points: ..In a series of announcements starting with the budget on 11 March 2020, the UK government has...more

COVID-19: Key UK Business Measures - Current State of Play

Given the many fast-paced UK government announcements of COVID-19-related measures, this Alert provides an up-to-date summary as of 24 March 2020. Key Points: ..In a series of announcements starting with the budget on...more

UK Digital Services Tax: 1 April Brings New Tax on Global Digital Businesses

Following the publication of the Finance Bill 2020 the UK government is pressing ahead with the introduction of the Digital Services Tax from 1 April 2020. From 1 April 2020 the UK government is introducing a new tax in...more

DAC 6 Deadline Nears: What Does the Mandatory Disclosure Regime Mean for Taxpayers and Advisers?

The 31 December deadline for EU Member States to adopt implementing legislation for DAC 6 is fast approaching. Intermediaries and taxpayers must be ready for compliance. By the end of 2019, each Member State of the...more

W&I Insurance: Exclusions and Solutions for Private Equity

How can deal teams capitalise on the latest trend in the deal insurance market to improve bid success? The emergence of contingent risk insurance policies, which address known risks that would otherwise be excluded from...more

HMRC Issues Further Guidance on the Taxation of Cryptoassets

HMRC confirms that cryptoassets are not considered to be money or currency for tax purposes. On 1 November 2019, HM Revenue & Customs (HMRC) issued a policy paper on the taxation of cryptoassets for businesses and...more

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