Tax newshttps://www.pinsentmasons.com/shared-content/rss-feed/outlaw-taxTax news from Pinsent Masonsen-GBPinsent Masons60{9FCE0A80-F199-410E-8D34-D163F199FC7A}https://www.pinsentmasons.com/out-law/analysis/oecd-approach-amount-b-milestone-global-tax-challenge-remain?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxOECD approach to ‘Amount B’ a milestone but global tax challenges remainThe OECD has updated its guidelines on transfer pricing to reflect a new approach that has been developed for calculating ‘Amount B’, which concerns how profits within a group for baseline marketing and distribution activities are attributed for tax purposes across jurisdictions.Thu, 14 Mar 2024 16:19:04 Z{2E28E0DA-0D06-4602-B66C-144B70F8EFC2}https://www.pinsentmasons.com/out-law/news/legislation-simplifies-uk-cis-scope?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxNew legislation simplifies UK Construction Industry Scheme scopeNew rules outlined today are designed to simplify a UK tax regime that applies when tenants carry out certain construction works and where payment is made by landlords. Fri, 08 Mar 2024 16:41:37 Z{F62C94E0-BF18-4C0B-831C-F940BB845711}https://www.pinsentmasons.com/out-law/news/budget-2024-abolition-non-dom-radical-change?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxUK Budget 2024: abolition of non-dom tax regime ‘a radical change’The government will abolish the remittance basis of taxation for non-UK domiciled individuals, the chancellor has announced.Wed, 06 Mar 2024 17:38:37 Z{3BA43FF2-74DC-438F-AE65-81C2065321B3}https://www.pinsentmasons.com/out-law/news/uk-budget-2024-abolition-residential-property-tax-changes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxUK Budget 2024: abolition of multiple dwellings relief among residential property tax changesThe UK government will introduce a series of tax changes affecting residential property, the chancellor has announced.Wed, 06 Mar 2024 17:28:44 Z{10A478A1-62C1-4261-904B-FEA7016969BA}https://www.pinsentmasons.com/out-law/news/economic-growth-will-be-centre-of-uk-budget?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxEconomic growth will be centre of UK BudgetThe chancellor of the exchequer’s spring budget will provide him with a final opportunity to set the tax and spending policies that will underpin the Conservative Party’s campaign ahead of the forthcoming general election.Fri, 01 Mar 2024 10:19:14 Z{AA6A6A7C-A665-471F-92B7-0A66E0BDF30E}https://www.pinsentmasons.com/out-law/news/uk-tribunal-confirms-difficulties-in-challenging-excise-duty-assessments?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxUK tribunal confirms difficulties in challenging excise duty assessmentsA recent case in the First-tier tax tribunal shows the difficulties that taxpayers face in challenging an assessment raised by HM Revenue and Customs (HMRC) on the basis of unpaid excise duty, arguing that there was an earlier point when excise duty was due. Tue, 27 Feb 2024 15:25:56 Z{2DF78AA4-E6DF-40FE-AF83-E1EFC7ABD913}https://www.pinsentmasons.com/out-law/news/hmrc-updates-guidance-on-transfer-pricing-risk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxHMRC updates guidance on transfer pricing riskHM Revenue and Customs (HMRC) has introduced new guidance on transfer pricing risk that could assist taxpayers in preparing their transfer pricing analysis and navigating any enquiries.Thu, 22 Feb 2024 10:44:30 Z{1198E353-FF75-41C7-A56C-7A5C6B436B5B}https://www.pinsentmasons.com/out-law/analysis/kyc-the-eu-digital-services-act-adds-platforms-dac7-duties?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+TaxKYC: the EU Digital Services Act adds to platforms’ DAC7 dutiesMany online platforms subject to the EU Digital Services Act (DSA) need to engage in extensive data gathering and disclosure to comply with ‘know your customer’-like (KYC) ‘trader traceability’ requirements.Mon, 19 Feb 2024 16:36:40 Z