Market leading insight for tax experts
View online issue

CFC focus: Managing risk under the new regime

Speed read

Although the proposed CFC regime has generally been positively received, the draft legislation does not achieve one of the government's aims – that of avoiding complexity. Successfully navigating through the various ‘gateways’, exemptions and ‘safe harbours’ in the draft legislation to find the simplest means possible to exclude CFCs from a CFC charge will be a difficult challenge for tax directors and advisers alike. One framework for doing so would be to prioritise the order in which each means of excluding a CFC's profits from a CFC charge is analysed.

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

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.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.