Publication
UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
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Canada | Publication | May 26, 2022
Prior to May 15, 2021, Ontario corporate annual returns, required under the Ontario Corporations Information Act, were filed with the Canada Revenue Agency (CRA) as part of the annual T2 Corporation Income Tax Return. Effective May 15, 2021, CRA and the Ontario government announced that annual returns, which confirm and update certain basic corporate information, would no longer be filed as part of the T2 and would be removed from commercial tax preparation software.
All Ontario corporations must now file their annual returns directly online through the new Ontario Business Registry, which was launched on October 19, 2021. The new registry allows businesses and not-for-profit corporations to complete a wide range of transactions, including incorporation, registering a new business name, dissolving an existing business and filing annual returns, online. For most corporations, this means their accountants will no longer automatically file the annual return when filing the corporation’s tax return – an extra step each year for most corporations.
Annual returns must be filed within six months of a corporation’s year-end.
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
Publication
In April 2024, the UK Government published details of its sustainable aviation fuel mandate (the UK SAF Mandate) and launched a consultation on proposals for a revenue certainty mechanism to support UK sustainable aviation fuel (SAF) production.
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