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UK Publishes Policy Paper and Draft Guidance on the Notification of Uncertain Tax Treatment

|Proposed Changes|United Kingdom
United Kingdom

UK HMRC has published a policy paper on the notification of uncertain tax treatment, as well as draft guidance for the requirement.

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Large businesses: notification of uncertain tax treatment

Who is likely to be affected

Large businesses – being those with a:

  • turnover of more than £200 million per annum
  • balance sheet total over £2 billion

General description of the measure

This me…

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