UUÂãÁÄÖ±²¥

Tax News

EU adopts Public Country by Country Reporting (CbCR) directive

Published on: 12 November 2021
Published by a

Specialist Tax Regulatory Materials

Article summary

The European Parliament has formally adopted a directive to amend the Accounting directive 2013/34/EU.  The Directive will enter into force 20 days after publication in the Official Journal. Member states will  have 18 months to transpose the law meaning that businesses are expected to need to comply with the first provisions of the directive by the middle of 2024.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

Allowable expenses for property businesses

Allowable expenses for property businessesGeneral itemsMany of the principles applying to allowable expenses for property businesses are similar to those that apply for trading and the rules for individuals in a property business are generally the same as for companies with some exceptions which are

14 Jul 2020 13:26 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax, part of AMS Group Read more Read more

Winding up a trust ― legal, administrative and compliance issues

Winding up a trust ― legal, administrative and compliance issuesOverviewWhen winding up a trust, there are legal formalities and compliance issues that need to be dealt with, as well as IHT and CGT consequences that flow from the termination. This guidance note considers when and how a trust comes

14 Jul 2020 14:01 | Produced by Tolley Read more Read more

Corporate interest restriction ― administrative aspects

Corporate interest restriction ― administrative aspectsThe corporate interest restriction (CIR) regime has some specific administrative rules in addition to the general administrative requirements for corporation tax returns. This guidance note does not include commentary on provisions that are

14 Jul 2020 11:19 | Produced by Tolley Read more Read more