UK, Canada exchange of letters to DTA enters into force

UK’s tax authority, HMRC, has updated its Pillar Two guidance on 26 June 2026, confirming that under its transitional approach to implementing the Pillar Two top-up taxes, it will not impose late filing penalties for UK tax returns, overseas

The UK’s His Majesty’s Revenue and Customs (HMRC) has published a guidance, on 30 June 2026, on the process for submitting returns for Pillar Two  top-up taxes in the UK, Pillar Two top-up taxes submission of returns (Notice 3). This notice

The UK’s  His Majesty Revenue and Customs (HMRC) has launched a public consultation on the VAT treatment of land sales intended for the construction of new social housing, including a proposal to introduce a new VAT zero-rate on 23 June

The UK’s His Majesty's Revenue and Customs (HMRC) has published a policy paper and draft legislation setting out reforms to the Capital Gains Tax (CGT) relief available for gifts of business assets. The policy paper, published on 23 June 2026,

The UK’s  HMRC has launched a consultation on plans to introduce mandatory registration for customs intermediaries that submit customs declarations on behalf of traders, as part of wider efforts to improve compliance, protect revenue and

The Canada Border Services Agency announced the signing of a customs mutual assistance agreement with Uruguay on 25 June 2026. Erin O’Gorman, President of Canada Border Services Agency (CBSA), together with His Excellency Pablo Sader, Uruguayan