This content is from: United Kingdom

UK diverted profits tax reaction: Don’t jump the gun, George

The UK government has published draft legislation for the diverted profits tax (DPT) – dubbed the ‘Google tax’ – announced by George Osborne, Chancellor of the Exchequer, in last week’s Autumn Statement. The consensus is that the UK would be better served waiting for the delivery of international initiatives on tackling aggressive tax avoidance.

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