UK and International Tax news

Improving Tax Policy

Monday 15th November 2010

The Government has announced in a written ministerial statement that it will publish the draft clauses planned for Finance Bill 2011 together with updates or formal responses on some consultations which have taken place over the summer and autumn on 9th December 2010.

Ahead of this, the Government will publish more details on corporate tax reform, including interim improvements to controlled foreign company legislation and reform of the taxation of foreign branches planned for inclusion in Finance Bill 2011.  It will also publish the outcome of consultations that have been carried out on a number of anti-avoidance measures.

If you would like further information on the above, please contact Keith Rushen on 0044 (0)20 7486 2378.

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