UK & Canada: DTA ratified by UK

The Australian Taxation Office (ATO) has published a Memorandum of Understanding (MoU) with Canada outlining the application of Part VI (Arbitration) of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and

Canada’s Minister of Finance and National Revenue announced a provisional safeguard measure, in the form of a 25% surtax, on imports of certain wood cabinets and vanities, on 31 July 2026, while the Canadian International Trade Tribunal safeguard

The UK HM Revenue & Customs (HMRC) published Revenue and Customs Brief 7 (2026): Changes to the VAT Capital Goods Scheme on 30 July 2026, outlining changes to the assets covered under the VAT Capital Goods Scheme. The UK tax system simplified

After four days of administrative quiet, UK trade policy saw significant implementation this week, defined by a strategic shift in the steel sector and a major reinforcement of trade defences for bicycles. The expiry of long-standing anti-dumping

The UK’s His Majesty’s Revenue and Customs (HMRC) has updated its Pillar Two guidance to confirm the adoption of the OECD’s transitional approach for the central filing and exchange of the GloBE Information Return (GIR). Under the updated

The Department of Finance Canada has launched a consultation on draft amendments to the Global Minimum Tax Act that would update the definition of a "deduction/non-inclusion arrangement" under subsection 47(1). The Department of Finance Canada