Draft clauses for Finance Bill 2011 in the UK refer to the updated OECD guidelines of July 2010 and make clear that, for accounting periods beginning on or after April 1 2011, this version is the one for business to refer to.
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China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap