UK cross-border corporate tax reform: latest developments
The UK government wants to send out the signal loud and clear that Britain is open for business, creating the most competitive corporate tax regime in the G20 and the best headquarter regime in Europe.
Corporate tax reform is the priority. The most significant corporation tax development in this year’s UK budget is the 'final' version of the legislation on the UK Controlled Foreign Companies (CFC) rules which exempts most foreign profits from UK tax. This change is alongside a significant reduction in the corporate tax rate and the introduction of a patent box regime, and follows the introduction of a dividend exemption regime in 2009.
Our webcast brings you up to date on these latest developments, and examines whether the government’s proposals are meeting the policy aims. Our panel will discuss:
- How the rules work
- What has changed
- How taxpayers are reacting to those changes
We will also contrast the UK CFC regime with those in the US, Canada and Germany
This webcast will be of interest to tax directors of multi-national enterprises which trade through, or with, the UK.
Christopher Sanger, Ernst & Young LLP (UK), Global and EMEIA Director of Tax Policy Services, UK
Shaun Lucey, Ernst & Young LLP (UK), International Tax Services, UK
David Gill, Ernst & Young LLP (US), International Tax Services, London desk, US
Christian Desjardins, Ernst & Young LLP (Canada), International Tax Services, London desk, Canada
Tino Boller, Ernst & Young GmbH, International Tax Services, London desk, Germany