Reform of corporation tax loss relief: draft guidance on administrative requirements (fourth tranche) amended in response to feedback; and
Diverted profits tax: updates the November 2015 version to reflect extension of HMRC’s review period from 12 months to 15 months, the new rules on deduction of income tax from royalty payments for accounting periods ending on or after 28 June 2016, more information on HMRC’s risk reviews and investigation procedures (chapter 3), and new sections on penalties for failure to notify and how these interact with CT penalties (chapter 4).
Reform of corporation tax loss relief: draft guidance on administrative requirements (fourth tranche) amended in response to feedback; and
Diverted profits tax: updates the November 2015 version to reflect extension of HMRC’s review period from 12 months to 15 months, the new rules on deduction of income tax from royalty payments for accounting periods ending on or after 28 June 2016, more information on HMRC’s risk reviews and investigation procedures (chapter 3), and new sections on penalties for failure to notify and how these interact with CT penalties (chapter 4).
