The UK has published the Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which were made on 15 September 2020 and will come into force on 14 October 2020. The regulations set interest rates on over- and under-paid Digital Services Tax (DST) liabilities from taxpayers, which is meant to encourage compliance with making payments on time by ensuring that equity exists between on-time payments and early and late payments. The applicable rates are as follows: The interest rate applicable when there is an underpayment of the DST liability will be the reference rate plus 2.5%. The interest rate applicable to...