The UK will open its return filing service for multinational groups under the global minimum corporation tax rules starting in May.
His Majesty’s Revenue and Customs will invite a small number of groups from mid-May to file their inaugural returns using approved third-party software, followed by a full rollout the following week, an official told Bloomberg Tax Wednesday.
The tax authority is currently working with developers to approve their software products, the official said.
- Multinational companies with consolidated group annual revenue of more than €750 million ($876 million) in at least two of the previous four accounting periods qualify ...