On 24 June 2016, UK HMRC published guidance on the publishing of tax strategies by large businesses. According to the guidance, a company, partnership, group or sub-group is required to publish their tax strategy if in the previous year: Turnover exceeds GBP 200 million; or Balance sheet total exceeds GBP 2 billion. For groups and sub-groups, the combined totals of all the relevant bodies are considered. Although separate from Country-by-Country reporting requirements, UK companies not meeting the above thresholds may still be required to publish the tax strategy if their group meets the EUR 750 million revenue threshold. Open-ended investment...