Recent tax developments that matter from around the globe, reported by Tim Sarson (KPMG).
Brexit: the transition period end is nigh
2020 is not proving to be a tranquil year for tax professionals. Amid the disruption of Covid-19 the end of the Brexit transition period on 31 December 2020 is soon to be upon us. Negotiations with the EU recommenced on 8 September however they were overshadowed by tensions over the UK’s Internal Market Bill and ended in an apparent stalemate. The UK has nevertheless reiterated that it still aims to reach a deal with the EU by mid-October. In the meantime the UK has also agreed its first major trade deal outside of the EU with Japan.
Against this backdrop the UK government has been pushing ahead with changes to UK domestic law which will apply from 1 January 2021 and there has been...
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Recent tax developments that matter from around the globe, reported by Tim Sarson (KPMG).
Brexit: the transition period end is nigh
2020 is not proving to be a tranquil year for tax professionals. Amid the disruption of Covid-19 the end of the Brexit transition period on 31 December 2020 is soon to be upon us. Negotiations with the EU recommenced on 8 September however they were overshadowed by tensions over the UK’s Internal Market Bill and ended in an apparent stalemate. The UK has nevertheless reiterated that it still aims to reach a deal with the EU by mid-October. In the meantime the UK has also agreed its first major trade deal outside of the EU with Japan.
Against this backdrop the UK government has been pushing ahead with changes to UK domestic law which will apply from 1 January 2021 and there has been...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
