HMRC

Norway

New Norwegian frontiers

01/07/2019

Studies continue to identify northern Norway and the Arctic as a growth area for the Norwegian oil and gas industry.

Insights

HMRC launches new Profit Diversion Compliance Facility

18/01/2019

On 10 January 2019, HMRC launched a new Profit Diversion Compliance Facility (PDCF) aimed at multinational enterprises who have used cross-border arrangements that HMRC considers may result in an artificial reduction in UK profits, including arrangements targeted by the Diverted Profits Tax (DPT) legislation.