Chris Morgan provides a round-up of recent developments
There has been little in terms of new announcements in the international tax area over the last month. The main focus for the Government has been the Spending Review presented by the Chancellor of the Exchequer on 20 October which as expected contained no significant new tax announcements.
HM Treasury and HMRC continue to consult with business and other interested parties on the interim CFC changes and the proposals for the taxation of foreign branches and further minutes have been published from the regular working group meetings on these subjects. We can expect draft legislation on these areas plus a more detailed roadmap for corporation tax reform and further consultation documents such as that on Intellectual Property (probably including Patent Box proposals) some time later this year most likely towards the end of November although this...
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Chris Morgan provides a round-up of recent developments
There has been little in terms of new announcements in the international tax area over the last month. The main focus for the Government has been the Spending Review presented by the Chancellor of the Exchequer on 20 October which as expected contained no significant new tax announcements.
HM Treasury and HMRC continue to consult with business and other interested parties on the interim CFC changes and the proposals for the taxation of foreign branches and further minutes have been published from the regular working group meetings on these subjects. We can expect draft legislation on these areas plus a more detailed roadmap for corporation tax reform and further consultation documents such as that on Intellectual Property (probably including Patent Box proposals) some time later this year most likely towards the end of November although this...
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:
