Your monthly review of key international tax issues by Chris Morgan, with comment on the patent box and CFC proposals and the informal consultation on the debt cap, and details of recent cases on EU issues
What’s hot?Corporate tax reform
After a quiet period the government’s ongoing corporate tax reform agenda has now swung back into focus.
In the international tax area a new consultation document on the proposed patent box was published on 10 June 2011 and a consultation document on full Controlled Foreign Company (CFC) reform was published on 30 June 2011.
Overall the patent box proposals represent a positive step for UK competitiveness although given the restrictions on the patents that...
