Publication of tax strategy
Certain large businesses operating in the UK will be required to publish a tax strategy every year.
Who is required to publish a tax strategy?
The tax strategy rules are aimed at large corporations and partnerships. Broadly, a UK company, UK partnership, UK-headed group, or UK-headed sub-group will be required to publish a tax strategy if in the previous financial year either of the following conditions were met:
- Turnover of more than £200 million; or
- Gross assets of more than £2 billion.
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