75 in-house tax directors and heads of tax from large companies took part in a recent survey on the coalition government’s tax policies and priorities for the new government.
Key findings are:
Tax competitiveness: There is overwhelming agreement (92% of respondents) that the coalition has been successful in delivering ‘the most competitive corporate tax regime in the G20 while protecting manufacturing industries’.
Interest deductions: 96% say the current tax treatment of interest deduction is very important or important to UK tax competitiveness.
Diverted profits tax: 71% say that the UK’s new diverted profits tax introduced last month has undermined UK competitiveness.
Infrastructure: 61% say the tax system does not adequately support infrastructure investment.
Enforcement and compliance: 73% say...
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75 in-house tax directors and heads of tax from large companies took part in a recent survey on the coalition government’s tax policies and priorities for the new government.
Key findings are:
Tax competitiveness: There is overwhelming agreement (92% of respondents) that the coalition has been successful in delivering ‘the most competitive corporate tax regime in the G20 while protecting manufacturing industries’.
Interest deductions: 96% say the current tax treatment of interest deduction is very important or important to UK tax competitiveness.
Diverted profits tax: 71% say that the UK’s new diverted profits tax introduced last month has undermined UK competitiveness.
Infrastructure: 61% say the tax system does not adequately support infrastructure investment.
Enforcement and compliance: 73% say...
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: