The dust has finally settled on the quick-fire legislation introduced to encourage tax compliant behaviour among groups which are suppliers to the UK government. The outcome is that the government has introduced an additional set of questions to be answered by suppliers during the selection process, to reject companies found to be engaging in attempted tax avoidance.
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Pillar two might be top of mind for many multinational companies, but the huge variations between countries’ readiness means getting ahead of the game now, argues Russell Gammon, chief solutions officer at Tax Systems.