Authors: Clare Bouwer, Sahana Keshav

UK Tax News - Issue 23 (2022)

UK Tax News is a round-up of recent UK tax developments relevant to large businesses.

In this week’s edition we report on the draft legislation and measures published by HM Treasury and HMRC on “L-Day” for inclusion in the Finance Bill 2022-23. The key measures announced include the introduction of a new multinational top-up tax to implement the OECD’s Pillar 2 Rules and amendments to the Qualifying Asset Holding Companies regime. We have also covered the publication of the synthesised text of the UK-Chile double tax treaty, as modified by the MLI.