Peter Maybrey and Peter Cussons tax partners PricewaterhouseCoopers LLP discuss the impact of the proposals set out in the 21 June 2007 discussion document on the taxation of foreign profits of companies
The latest consultation phase on the taxation of foreign profits of companies began with a discussion document issued on 21 June 2007. It looked to maintain the overall competitiveness of the UK in a balanced broadly revenue-neutral package of changes the Paymaster General stated. The recent Tax Journal articles entitled 'The Taxation of Foreign Profits' (2 July 2007) and 'Under Control' (9 July 2007) set out the proposals. We now focus more on the implications of those proposals and on issues which need to be resolved before the consequences can be fully worked...
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Peter Maybrey and Peter Cussons tax partners PricewaterhouseCoopers LLP discuss the impact of the proposals set out in the 21 June 2007 discussion document on the taxation of foreign profits of companies
The latest consultation phase on the taxation of foreign profits of companies began with a discussion document issued on 21 June 2007. It looked to maintain the overall competitiveness of the UK in a balanced broadly revenue-neutral package of changes the Paymaster General stated. The recent Tax Journal articles entitled 'The Taxation of Foreign Profits' (2 July 2007) and 'Under Control' (9 July 2007) set out the proposals. We now focus more on the implications of those proposals and on issues which need to be resolved before the consequences can be fully worked...
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