The European Commission has proposed amendments to the European Union (“EU”) Directive on administrative cooperation in taxation (“DAC9”). These changes aim to facilitate the exchange of top-up tax information between Member States and allow multinational enterprises to switch from local to central filing.
Once adopted by the Council of the EU and the EU Parliament, governments have until 31 December 2025 to implement DAC9. Thus, multinational enterprises and large domestic groups will be able to file a single top-up tax information return in one EU Member State instead of multiple filings across different Member States.
UK government bonds have rallied after Keir Starmer backed Rachel Reeves to remain as chancellor for “a very long time” despite lingering investor concerns over a multibillion-pound hole in Britain’s
The European Union next week will consider potential changes to its 15% minimum corporate tax law in a bid to ease tensions with the US. In a meeting on Tuesday, officials will discuss several policy
Press release from Jersey Finance, Friday 4 October, 2024. Despite feeling that they are navigating a landscape of perpetual change and fragmentation, families and private investors can thrive –
A tax advisor has predicted big changes in Labour’s first budget. Tony Medcalf, a tax partner at the accountancy and business advisory firm MHA in Kendal, shared his thoughts on the potential