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

Progress

Current status
processing consultation
14 Jun 2022 under deliberation
04 Apr 2022 processing consultation
11 Jan 2022 in consultation

Scope

Implementers
United Kingdom
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
other regulatory body
Implementation Level
national

Timeline of events

14 Jun 2022
under deliberation

Implementation of UK Pillar Two rules delayed

On 14 June 2022, the United Kingdom (UK) Government announced that the implementation date for the Pillar 2 rules will be delayed, and they will become applicable after 31 December 2023. It was initially envisaged that the UK Pillar Two rules would …

Source
Event type law
Action type announcement
Government branch executive
Government body central government
04 Apr 2022
processing consultation

Closed consultation on OECD International Tax Proposals

The Treasury of the United Kingdom closed the consultation on how Pillar Two of the OECD framework for the taxation of the digital economy will be implemented in the country. Pillar two, in particular, aims to ensure that multinational enterprises …

Source
Event type law
Action type consultation closed
Government branch executive
Government body central government
11 Jan 2022
in consultation

Opened consultation on OECD International Tax Proposals

The Treasury of the United Kingdom opened a consultation on how Pillar Two of the OECD framework for the taxation of the digital economy will be implemented in the country. Pillar two, in particular, aims to ensure that multinational enterprises th…

Source
Event type law
Action type consultation opened
Government branch executive
Government body other regulatory body