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FOREIGN PROFITS


A senior European Commission official signalled that Ireland may have to increase its business and personal taxes and ‘become a normal tax country’ in order to restore its public finances following the banking crisis, the Financial Times reported on 1 October.

Debt cap regulations: do the clarifications to the 'available amount' go far enough?

The Treasury published minutes of the 3 August meeting of the ‘Taxation of foreign branches’ working group, and the group’s approved terms of reference. This consultation is set to close on 15 October.

See www.lexisurl.com/g82hx.
 

Peter Cussons reviews the current situation for taxation of controlled foreign companies and foreign branches

Michael Bird and Mark Feldman look at the impact of changes to the debt cap rules

Graham Airs on foreign branch profits

Your impartial need-to-know guide to the coalition Government's emergency Budget

Chris Morgan rounds up the latest developments in the international tax world

Anneli Collins and Tom Aston look at the possibilities of a branch profits exemption, how this might be structured and what it means for industry

Review of budget proposals by Chris Morgan and Alastair Munro

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