UK HMRC has published a policy paper on the notification of uncertain tax treatment, as well as draft guidance for the requirement. --- Large businesses: notification of uncertain tax treatment Who is likely to be affected Large businesses – being those with a: turnover of more than £200 million per annum balance sheet total over £2 billion General description of the measure This measure will require large businesses to notify HMRC where they have adopted an uncertain tax treatment, as defined by notification criteria set out in legislation. The proposal is designed to improve HMRC's ability to identify uncertain tax...