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In Defence of the UK

James Wilson associate and Katherine Lim trainee in the corporate tax department of Baker & McKenzie LLP's London office argue that the UK is an attractive location for a holding company
There has been much emphasis in the media about the unattractiveness of the UK's tax system for holding companies. The recent flurry of articles in the press surrounding the 'exodus' of a number of companies from the UK including Shire Henderson and WPP seems at first sight to be signalling the demise of the UK as a holding company jurisdiction.
We would argue that contrary to the prevailing view the UK is actually a relatively attractive jurisdiction in which to locate a holding company from both a commercial...

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