Alastair Munro Director KPMG and Ulrike Schoeman Manager KPMG consider the proposed foreign dividend exemption in the Foreign Profits DiscDoc
It is hoped that there will be a possible Government announcement on progress with its proposals to reform the taxation of foreign profits towards the end of July. In anticipation of this announcement in this article we will discuss the proposed foreign dividend exemption.
Background
On 21 June last year the Government published a discussion document (DiscDoc) focusing on the possible reform of UK taxation in four key areas: foreign dividends controlled companies (CCs) deductibility of interest and Treasury consents. A potential start date of 1 April 2009 was mentioned for...
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Alastair Munro Director KPMG and Ulrike Schoeman Manager KPMG consider the proposed foreign dividend exemption in the Foreign Profits DiscDoc
It is hoped that there will be a possible Government announcement on progress with its proposals to reform the taxation of foreign profits towards the end of July. In anticipation of this announcement in this article we will discuss the proposed foreign dividend exemption.
Background
On 21 June last year the Government published a discussion document (DiscDoc) focusing on the possible reform of UK taxation in four key areas: foreign dividends controlled companies (CCs) deductibility of interest and Treasury consents. A potential start date of 1 April 2009 was mentioned for...
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:
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