Market leading insight for tax experts
View online issue

FB 2013: Exit taxes - an infringement deferred?

Speed read

The government has at last acknowledged the need to react to EU developments on exit taxes. The proposals published in December offer taxpayers a choice between immediate payment and two alternative deferred payment plans (which permit deferral for up to ten years), with interest payable on the amounts deferred. These proposals, most notably the absence of a right to defer payment until actual realisation of the relevant gain, are unlikely to be seen as going far enough to ensure compliance with EU law.

If you are not a subscriber, subscribe now to read this content.
If you are already a subscriber, sign in
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
EDITOR'S PICKstar
Top