United Kingdom: United Kingdom Bill implementing of OECD/G20 Inclusive Framework for the Taxation of the Digital Economy

On 31 December 2023, the UK implementation of the top-up tax envisioned by Pillar 2 of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) included in the Finance (No. 2) Bill began to apply to covered enterprise groups. As a…

On 4 July 2023, the Finance (No. 2) Bill, which includes the UK implementation of the top-up tax envisioned by Pillar 2 of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS), was adopted by the UK Parliament and now awaits r…

On 20 June 2023, the Finance (No. 2) Bill, which includes the UK implementation of the top-up tax envisioned by Pillar 2 of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS), was passed by the House of Commons and will now …

On 21 March 2023, the Finance (No. 2) Bill, which includes the UK implementation of the top-up tax envisioned by Pillar 2 of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS), was introduced in the House of Commons. As agre…

On 20 July 2022, the UK Treasury releases draft legislation for its implementation of the top-up tax envisioned by Pillar 2 of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). As agreed in the Inclusive Framework, the tax…