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International Round Up

Chris Morgan Head of International Corporate Tax at KPMG in the UK begins our new regular round up of the latest developments in the international tax world
What's Hot?
Taxation of Foreign Profits
This is by far the most high-profile issue for UK-based international tax professionals at the moment (and is discussed in more detail by Peter Maybrey and Peter Cussons on page 9). At the time of writing the big questions on this are when will the consultation document be published and above all what will happen to the controlled company proposals? The media's view is that the consultation document will not now be out until the autumn...

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