59-590 Requirement for large businesses to publish tax strategies
See ¶59-588 for definitions applying to the requirement to publish tax strategies.
For financial years beginning on or after 15 September 2016, all qualifying groups, companies, partnerships and permanent establishments must publish online a tax strategy, in relation to UK taxation. Non-publication or incomplete content can lead to a penalty (FA 2016, s. 161 and Sch. 19, Pt. 2).
Businesses required to publish their tax strategy
The requirement to publish a tax strategy applies to:
(1)a UK ‘qualifying group’;
(2)a UK sub-group of a foreign ‘qualifying group’;