Aileen Barry Director National Tax Investigations DLA Piper UK LLP considers the principal ways HMRC seek to challenge the residence of companies incorporated overseas and defence possibilities
Overseas-resident companies may not be too popular at the Treasury but are an increasingly important factor in the UK economy. Jersey is a popular location being so close to the mainland offering favourable tax treatment and encouraging the development of appropriate skills and regulation for sound corporate management.
Such companies range from:
● a holding company of UK-resident companies;
● a special purpose vehicle incorporated for a single transaction;
● an investment company owned by a trust to hold UK property either let commercially or occupied by the beneficiaries of the...
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Aileen Barry Director National Tax Investigations DLA Piper UK LLP considers the principal ways HMRC seek to challenge the residence of companies incorporated overseas and defence possibilities
Overseas-resident companies may not be too popular at the Treasury but are an increasingly important factor in the UK economy. Jersey is a popular location being so close to the mainland offering favourable tax treatment and encouraging the development of appropriate skills and regulation for sound corporate management.
Such companies range from:
● a holding company of UK-resident companies;
● a special purpose vehicle incorporated for a single transaction;
● an investment company owned by a trust to hold UK property either let commercially or occupied by the beneficiaries of the...
If you are not a subscriber, subscribe now to read this content.
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