Changes to UK controlled foreign company legislation
UK controlled foreign company (CFC) rules are going through a period of change. The government is trying to develop EC compliant legislation that achieves the twin objectives of minimising tax leakage through avoidance, while not being perceived as a barrier to business, so allowing the UK to remain commercially competitive, explains Ross Welland, tax partner at Haines Watts.
To access our market-driven intelligence please request a trial here.
Read this article – and more – for a one-week period.