17 October 2016 UK requires certain businesses to publish UK tax strategy The UK Finance Act 2016 contains legislation requiring certain businesses to publish their UK tax strategy on the internet. This requirement applies for periods commencing after the date of Royal Assent to the Finance Act, i.e., September 15. Any multinational group with a turnover in excess of €750m and at least one UK subsidiary or a UK permanent establishment (PE) will be required to publish its UK tax strategy. There is no de minimis level in respect of the UK operations. Document ID: 2016-1762 |
