Continue reading "Controlled Foreign Companies: Effects of the new proposals"
Controlled Foreign Companies: Effects of the new proposals
Neil Warriner , Isaac Zailer and William Arrenberg explain why UK parented real estate groups and UK intermediary companies need to pay careful attention to the government’s proposals ‘The CFC rules stop UK companies from avoiding UK tax by artificially diverting income to foreign subsidiaries resident in tax havens or low tax jurisdictions.’The real estate …