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Other news in brief

Other news in brief

A round up of other news this week.

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On 24 February 2020 HMRC launched a new consultation, seeking views on the draft revisions to the HMRC Charter. The charter sets out the standard of behaviour and values that HMRC aspire to when interacting with taxpayers as well as what taxpayers can expect from HMRC. The consultation closes on 15 May 2020.

On 2 March 2020, the UK Government published its strategic approach for securing a Free Trade Agreement with the US. On the taxation of the digitalised economy, the document notes that comments received as part of the consultation process include a general support for global rather than national responses to the tax challenges of digitalisation and for rules on digital goods not being a barrier to trade.

G20 Finance Ministers met in Saudi Arabia and have issued a communiqué that includes an update on the OECD's work on taxing the digitalisation of the economy. Matthew Herrington, International Tax Partner at KPMG in the UK, penned his thoughts on these developments which you can read on LinkedIn.

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