Posts by Peter Hann

IMF report on Japan’s economy

January 27, 2023

On 25 January 2023 the IMF issued a report following discussions with Japan under Article IV of the IMF’s Articles...

UK: Statistics on Venture Capital Trusts

January 27, 2023

On 26 January 2023 the UK released statistics on Venture Capital Trust (VCT) tax relief for the year 2021/2022. By...

UK: Experience with HMRC’s Digital Services

January 27, 2023

On 26 January 2023 HMRC published the results of research with tax agents to explore their experiences of HMRC’s digital...

OECD: Revised Methodology for the BEPS Action 14 Peer Reviews

January 26, 2023

On 24 January 2023 the OECD’s Inclusive Framework on base erosion and profit shifting (BEPS) agreed a new assessment methodology...

OECD: Revenue Impact of International Tax Reform 

January 25, 2023

During a live webinar on 18 January 2023 the OECD presented the findings of a new analysis of the estimated...

IASB: Proposed Amendments to IAS 12 Arising from Pillar Two Rules

January 10, 2023

In January 2023 the International Accounting Standards Board (IASB) issued an Exposure Draft with proposed amendments to IAS 12 (Income...

UK Government Delays Introduction of Making Tax Digital for ITSA

January 9, 2023

On 19 December 2022 HMRC announced that the introduction of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA)...

UK: Policy Paper on Tax Implications of Hybrid and Distance Working

January 8, 2023

On 20 December 2022 the UK’s Office of Tax Simplification (OTS) issued a policy paper on the tax implications of...

Uzbekistan: Tax Changes for 2023

January 6, 2023

It was reported on 5 January 2023 that the 2023 budget allocations have kept the basic tax rate of profit...

IMF Report Looks at the Economy of Kazakhstan

January 5, 2023

On 14 December 2022 the IMF issued a report following the conclusion of discussions with Kazakhstan under Article IV of...

IMF Report Looks at the Economy of Tajikistan

January 5, 2023

On 23 December 2022 the IMF issued a report following the conclusion of discussions with Tajikistan under Article IV of...

IMF Report Looks at Tax Reforms in Belgium

January 4, 2023

On 21 December 2022 the IMF issued a report following the conclusion of discussions with Belgium under Article IV of...

UK: Consultation on Transfer Pricing Records Regulations 2023

December 23, 2022

On 21 December 2022 the UK issued for consultation the draft regulations on Transfer Pricing Documentation, inviting comments from interested...

OECD: Tax certainty for Pillar Two rules

December 22, 2022

On 20 December 2022 the OECD issued a consultation document on providing tax certainty under the Pillar Two GloBE rules....

OECD: Consultation on GloBE Information Return

December 21, 2022

On 20 December 2022 the OECD’s Inclusive Framework issued the consultation document Pillar Two – GloBE Information Return, setting out...

OECD: Draft Multilateral Convention Provisions on Digital Services Taxes under Amount A

December 21, 2022

On 20 December 2022 the OECD issued for public consultation draft provisions on digital services taxes that would be included...

OECD: Safe Harbours and Penalty Relief under Pillar Two

December 20, 2022

Following the publication of the GloBE model rules there were concerns about the complexity of some of the adjustments to...

OECD: Consultation on Design Elements of Amount B of Pillar One

December 18, 2022

On 8 December 2022 the OECD issued a consultation document and invited public comments on the main design elements of...