CFCs
CFC reform: UK resists calls for assessment of impact on developing countries
The UK government has not estimated the potential impact on developing countries of imminent reforms to the controlled foreign companies…3 Feb 2012
Controlled foreign companies update: Treasury invites comments by 10 February
HM Treasury has published an update and more draft legislation dealing with reform of the controlled foreign companies (CFC) rules.…3 Feb 2012
2011 international review
A country-by-country guide to some of the key tax developments in 201115 Dec 2011
2011 review: international corporate taxes
Chris Morgan reviews the top five developments in 2011 affecting international corporate taxes15 Dec 2011
KPMG survey suggests progress on UK tax competitiveness
The UK’s corporate tax competitiveness ‘appears to have finally turned a corner’, KMPG said as it summarised the findings of…25 Nov 2011
Roundtable discussion: tax competitiveness and CFC reform
Five leading tax professionals, including HMRC's Judith Knott, took part in a roundtable discussion on UK tax competitiveness. Much of the discussion, chaired by John Overs, concerned CFC reform and the potential ‘gateway’ test to filter cases out of the regime.11 Nov 2011
CFC ConDoc: observations on the HMRC analysis of EU law
CFC reform is one part of the grand bargain with UK plc over the taxation of foreign profits, and from…27 Oct 2011
Case study: The CFC rules – help or hindrance?
Robert Gaut and Sarah Gabbai provide a case study setting out the tax issues for a US manufacturing group which migrates its non-US operations to the UK20 Oct 2011
Tax haven network makes UK the top ‘secrecy jurisdiction’, says TJN
The United Kingdom would ‘easily’ take Switzerland’s place at number one in the Financial Secrecy Index if the ‘British network…17 Oct 2011
International briefing: October 2011
Chris Morgan considers recent changes in the international tax arena, including UK developments, recent proposals for a financial transactions tax, and the Dutch 2012 Tax Plan14 Oct 2011
Press watch: Tax havens ‘epidemic’
‘The use of tax havens by companies listed on the London Stock exchange is at “epidemic levels” according to ActionAid.…12 Oct 2011
ActionAid’s tax haven report ‘does not prove avoidance’
Ninety-eight of the 100 biggest groups listed on the London stock exchange use tax havens, according to the charity ActionAid,…11 Oct 2011
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