26 February 2020
The obligation to disclose tax planning has arrived as EU countries (and the UK) bring DAC6 into law. A single directive but 28 implementations – we look at what this means practically.
29 October 2018
The Government targets large multinational digital businesses, introducing from 2020 a tax on UK related revenues. The Government will continue to cooperate with efforts internationally to devise a fairer way of taxing the digital businesses, but this proposal puts a marker down internationally while sending a political signal domestically.
20 January 2016
The OECD’s BEPS project and the UK’s diverted profits tax serve as a game changer as to when companies must recognise a taxable presence in a country. Many groups may wish to change their structures in response.
05 October 2015
In today’s announcement, the OECD has confirmed its view on tackling hybrid arrangements. But the impact will be felt by UK companies…
International tax issues are no longer only the concern of major multinationals. They can impact all businesses with overseas connections, whatever their size. Cross-border tax issues are more critical to business than ever before, with significant consequences for the unwary.
The UK is open for business. Over recent years, the Government has reformed the UK tax system to make it an attractive place for inbound investors and for groups to use as an intermediate holding company location.
Transfer pricing is the most important international tax issue for many businesses. Onerous new compliance laws are being introduced globally, but opportunities remain for non-aggressive tax planning.
International markets can present attractive opportunities for ambitious businesses, but as far as tax is concerned, there can be significant complexities. Seeking expert advice at an early stage will help overseas expansion go smoothly, minimising delays and avoiding unnecessary costs.
Andrew is a tax partner in the London office. His specialist areas include entrepreneurial and venture capital backed companies, international corporate tax, expatriate tax, employment tax including share schemes (EMI, Company Share Option Plans, Restricted Share Units, etc) and the taxation of high net worth non-UK domiciled individuals.