HMRC is consulting on further draft guidance on the multinational and domestic top-up taxes. This batch includes all previously released pages (some of which have been updated) together with newly added guidance. The consultation closes on 23 October 2024.
A supplementary release of draft guidance will follow in due course, says HMRC. This will include remaining draft guidance on flow-through entities, joint ventures, the insurance sector, additional top-up amounts, and the undertaxed profits rule.
This is substantial, detailed guidance (already running to several hundred pages) and is destined eventually to form the new HMRC internal guidance manual for MTT, which HMRC says will be published in autumn 2024.
HMRC’s collection of MTT and DTT guidance is now available from a single landing page.
HMRC is consulting on further draft guidance on the multinational and domestic top-up taxes. This batch includes all previously released pages (some of which have been updated) together with newly added guidance. The consultation closes on 23 October 2024.
A supplementary release of draft guidance will follow in due course, says HMRC. This will include remaining draft guidance on flow-through entities, joint ventures, the insurance sector, additional top-up amounts, and the undertaxed profits rule.
This is substantial, detailed guidance (already running to several hundred pages) and is destined eventually to form the new HMRC internal guidance manual for MTT, which HMRC says will be published in autumn 2024.
HMRC’s collection of MTT and DTT guidance is now available from a single landing page.
