Market leading insight for tax experts
View online issue

UK/US Tax Treaty

 
Mark Penney Tax Partner and Thomas Dick US Tax Director KPMG in the UK discuss the application of the UK/US treaty to hybrid entities
 
Mark Schofield and Eric Peden's UK/US tax treaty article on page 9 of this issue looks at a common issue in the UK/US treaty which is the complexity of the Limitation on Benefits article. Here we consider another common issue: the treatment of hybrids such as US 'check the box' entities.
 
The tax treatment of hybrid entities has been the subject of considerable focus by HMRC over the past couple of years highlighted by the enactment of the arbitrage legislation in Finance (No 2) Act 2005. It will not come as much surprise to readers to learn that the underlying...

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:

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 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top