EU public consultation on tackling the role of enablers

The European Commission has also considered applying a new beneficial ownership reporting requirement for EU taxpayers, which would introduce the disclosure of ownership or control above 25 per cent of shares, voting rights, ownership interest, bearer...

HMRC consults taxation of decentralised finance

The government aims to establish clear tax and regulatory treatment of cryptoassets to place the UK at the forefront of safe, sustainable, and rapid innovation in cryptoasset and blockchain technologies. DLT uses cryptography to maintain a decentralised database...

OECD on Crypto-Asset Reporting Framework

OECD released a public consultation document concerning a new global tax transparency framework to provide for the reporting and exchange of information with respect to crypto-assets, as well as proposed amendments to the CRS for the automatic exchange…

OECD/G20 inclusive framework on BEPS 2020

OECD/G20 Inclusive Framework on BEPS releases 2020 peer review assessments of 131 jurisdictions on the exchange of tax rulings information. The framework focuses on 5 key elements: i) information gathering…