UK HMRC published updated guidance on How to prepare for the Multinational Top-up Tax and the Domestic Top-up Tax, dated 6 August 2024. The main updates include changes to Section 4. HMRC online service and Section 5. Guidance, as well as a new subsection on common misconceptions under Section 6. Pillar 2 scope and compliance obligations, and a new Section 7. Transitional safe harbour. The new and updated guidance is as follows:
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4. HMRC online service
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