At no time in the past 50 years has the UK been a better place to do business. The coalition government that was formed in 2010 set out with the stated purpose of making the UK a more attractive place to do business and has radically reformed the UK corporate tax regime over the past four years. By and large, it has succeeded in its aim of making the jurisdiction a more attractive business location.
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As we move into an era of ‘substance over form’, determining the fundamental nature of a particular instrument is key when evaluating the tax implications of selling hybrid securities
After years of deafening silence, the UK tax authority is taking overdue action against corporates that fail to prevent the facilitation of tax evasion
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