HM Treasury has published the minutes of the last meeting of the Business Forum on Tax and Competitiveness, held on 26 February. The forum discussed the diverted profits tax, highlighting some concerns but confirming their support of it as part of the BEPS project, stating that the interest deductibility was the most significant part of BEPS for most businesses, followed by permanent establishment and dispute resolution. See www.bit.ly/1Hstw6H.
HM Treasury has published the minutes of the last meeting of the Business Forum on Tax and Competitiveness, held on 26 February. The forum discussed the diverted profits tax, highlighting some concerns but confirming their support of it as part of the BEPS project, stating that the interest deductibility was the most significant part of BEPS for most businesses, followed by permanent establishment and dispute resolution. See www.bit.ly/1Hstw6H.
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