Under current law, moving an existing group to the UK can be cumbersome. Dominic Foulkes and Freddie Schwier (Davis Polk) explain how the proposed legislative regime could help.
The Panel Report
The weather is awful the food is bland and the beer is warm. Why would anyone consider redomiciling to the UK? For a holding company at least the UK is and remains an attractive destination from a tax perspective for reasons readers will be familiar with. This supports the many non-tax reasons that in our experience provide a draw for established public and private groups to consider relocating to the UK (which include a corporate law environment that is relatively stable and familiar to investors in multinational groups). In October 2024 the Corporate Re-domiciliation: Report of the UK Independent Expert Panel was published with suggestions on the design of a...
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Under current law, moving an existing group to the UK can be cumbersome. Dominic Foulkes and Freddie Schwier (Davis Polk) explain how the proposed legislative regime could help.
The Panel Report
The weather is awful the food is bland and the beer is warm. Why would anyone consider redomiciling to the UK? For a holding company at least the UK is and remains an attractive destination from a tax perspective for reasons readers will be familiar with. This supports the many non-tax reasons that in our experience provide a draw for established public and private groups to consider relocating to the UK (which include a corporate law environment that is relatively stable and familiar to investors in multinational groups). In October 2024 the Corporate Re-domiciliation: Report of the UK Independent Expert Panel was published with suggestions on the design of a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
