And then there was this headline grabber! There has been lots of anti avoidance measures to try to catch this. The trouble is a lot of this tax planning is exactly that, tax planning so were not sure how this will work. (More detail to follow were sure) DIVERTED PROFITS TAX A new tax to counter the use of aggressive tax planning techniques by multinational enterprises to divert profits from the UK will be introduced. The Diverted Profits Tax will be applied using a rate of 25% from 1 April 2015.
Posted on: Thu, 04 Dec 2014 06:49:06 +0000
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