UK HMRC has launched a public consultation on supplementary draft guidance on the Multinational Top-up Tax and Domestic Top-up Tax. The consultation closes at 11:59 pm on 8 April 2025. This includes guidance on the undertaxed profits rule (UTPR) and certain other provisions that have been amended or introduced in the current Finance Bill. --- Multinational Top-up Tax and Domestic Top-up Tax: Supplementary draft guidance Consultation description HMRC has published a document of supplementary draft guidance on Multinational Top-up Tax and Domestic Top-up Tax. This release of draft guidance contains sections on flow-through entities, joint ventures, the insurance sector, additional...