The UK is in need of a 'dramatically simpler' tax system to improve the country's competitiveness and prevent corporate migration, said the opposition chancellor of the exchequer. George Osborne, of the Conservative party, told a conference in London that now is the time to plan for the upturn and realise that a long-term strategy for the UK tax system will be more effective than a series of quick fixes.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
New French legislation should create a more consistent legal environment for taxing gains from management packages, say Bruno Knadjian and Sylvain Piémont of Herbert Smith Freehills Kramer