Chris Morgan and Mark Feldman of KPMG LLP consider the PBR measures in the international corporate tax area
Chris Morgan and Mark Feldman of KPMG LLP consider the PBR measures in the international corporate tax area
Compared with recent years the 2009 PBR was a relatively quiet one in the international corporate tax area. As expected we saw announcements on the worldwide debt cap a proposed 'patent box' and the obligatory anti-avoidance measures (see more on these below).
As widely reported in the days leading up to the PBR we also had the announcement of a bank payroll tax. This does not really constitute an international corporate tax measure but is worth a mention as unsurprisingly fears have been expressed that it could impact the attractiveness of the UK...
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Chris Morgan and Mark Feldman of KPMG LLP consider the PBR measures in the international corporate tax area
Chris Morgan and Mark Feldman of KPMG LLP consider the PBR measures in the international corporate tax area
Compared with recent years the 2009 PBR was a relatively quiet one in the international corporate tax area. As expected we saw announcements on the worldwide debt cap a proposed 'patent box' and the obligatory anti-avoidance measures (see more on these below).
As widely reported in the days leading up to the PBR we also had the announcement of a bank payroll tax. This does not really constitute an international corporate tax measure but is worth a mention as unsurprisingly fears have been expressed that it could impact the attractiveness of the UK...
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:
