Taxand UK BEPS workshop
As we near the third anniversary of the launch of the OECD initiative on Base Erosion and Profit Shifting, Taxand UK held a workshop to update on the status of the BEPS actions and to revisit the final recommendations in the key areas.
The workshop focused on the following topics:
- Financing measures (this will include a specific update on the UK hybrid rules following significant changes made to the draft Finance Bill)
- Transfer pricing
- Permanent establishments
- Harmful tax practices (to include a brief update on changes to the UK Patent Box regime)
- Double tax treaty related actions
- Other measures and actions where further work is required
We also referenced some of the specific measures implemented by HM Treasury to incorporate the new rules into UK domestic law.