Chris Morgan provides your update on international tax developments, including the recent update on CFC reform, the EC consultation on double non-taxation, and the Green Paper on the German/French co-operation in the area of business taxation.
What’s hot?At the time of writing we are still waiting to see what the Chancellor announces in his Budget statement on 21 March but I shall resist the temptation to speculate and shall instead focus on some interesting developments in Europe.
CFC reform
However looking first of all at developments at home we have had yet another update on Controlled Foreign Company (CFC) reform. On 29 February the government published an update document and revised draft legislation including improvements to the operation...
