The UK tax authority, His Majesty's Revenue and Customs (HMRC) issued guidance (CC/FS46) on 14 April 2025, detailing the penalties that financial institutions may face for failing to comply with Automatic Exchange of Information (AEOI)

Uruguay has issued Decree No. 85/025 on 2 April 2025, extending the tax benefits for large investment projects in construction and urban development. These incentives were first introduced in 2020 under Decree No. 138/020 as part of measures to

The UK’s tax, payments and customs authority (HMRC) has updated its guidance on interest rates for late and early tax payments on  27 March 2025. This rate was effective from 6 April 2025. The late payment interest rate will rise by 1.5

The UK’s Pillar Two Multinational Top-up Tax (MTT) rules recognise certain foreign income inclusion rules (IIR) and domestic top-up taxes as "qualifying" if they align with OECD standards. To provide clarity, the government introduced regulations

The Chancellor of the Exchequer announced that the government launched a consultation on a proposed new service aimed at providing advance statutory certainty on the application of UK corporation tax rules for businesses undertaking the "very

The UK’s tax, payments and customs authority (HMRC) has published a policy paper on 26 March 2025 outlining an increase in the late payment interest rate for unpaid tax liabilities by 1.5 percentage  points. This change will take effect from 6