Tax professionals have given a qualified welcome to detailed proposals for reform of the UK’s controlled foreign companies regime.
Jonathan Bridges and Andrew Hickman examine how the proposed measures will work in practice. Plus Tim Watts and Simon Upcott provide views from business
Carolyn Steppler reviews the proposed changes to the remittance rules
Heather Gething and Rupert Shiers examine the proposed three-part test
Amanda Sullivan provides your at-a-glance guide
Bank loans to corporate borrowers are often supported by guarantees from related companies. Lydia Challen and Tim Harrop identify the principal tax issues on the provision of such a guarantee, from its creation to its termination
A new comprehensive double taxation agreement between the UK and the People’s Republic of China was signed on 27 June.
Cathryn Vanderspar and Charles Goddard examine how arguably outdated tax rules impact on the new financial landscape