Mike Sufrin Director of Tax at Rolls-Royce makes a plea for the simplification of the UK corporate tax regime
I've been involved in corporate tax for more years than I care to remember. One of the most difficult challenges I have had to deal with is explaining the logic for the tax consequences of a transaction to my commercial and financial colleagues (and in my days in practice to my clients). This is not because of their lack of comprehension but my difficulty in making sense of the UK tax legislation.
I would normally have assumed that this was a personal problem and that perhaps I should have considered another career but I have heard Treasury officials and HMRC Inspectors say that they also find the...
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Mike Sufrin Director of Tax at Rolls-Royce makes a plea for the simplification of the UK corporate tax regime
I've been involved in corporate tax for more years than I care to remember. One of the most difficult challenges I have had to deal with is explaining the logic for the tax consequences of a transaction to my commercial and financial colleagues (and in my days in practice to my clients). This is not because of their lack of comprehension but my difficulty in making sense of the UK tax legislation.
I would normally have assumed that this was a personal problem and that perhaps I should have considered another career but I have heard Treasury officials and HMRC Inspectors say that they also find the...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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