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Consultation on Controlled Foreign Company reform

The Government is consulting on new framework governing the taxation of companies’ foreign profits to be introduced in the 2012 Budget. This forms part of the Government’s plans to reform UK corporate...

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Tax roundtable in Brazil

ICC has announced that it is to hold a high-level tax roundtable in Brazil this October. The two-day meeting will provide an opportunity for businesses to engage with key Ministers and officials on the...

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International corporation tax reforms

Earlier this week HM Treasury published eagerly-awaited details of its proposed reform of international corporation tax. ICC UK has been campaigning for changes to the UK’s antiquated rules for taxing...

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Taxation of international takeovers – the Vodafone / India case

We hear that India’s Supreme Court is set to issue its widely-anticipated decision on whether UK-based telecoms firm Vodafone must pay in excess of £2bn in taxes on an $11.1 billion takeover that was...

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Discriminatory taxes on telecommunications – ICC position paper

Despite the current economic crisis and the urgent need to trigger private investment in the ICT sector, a number of countries continue to apply higher taxes to telecommunications than other types of...

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The dangers of cherry picking on tax

Even with the increased focus in recent days on the UK’s relationship with Europe, a quick flick through the morning papers shows that the tax avoidance agenda remains stubbornly high on the news...

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Government launches second consultation on Patent Box

Government recently published its second consultation on the Patent Box, a tax incentive regime aimed at encouraging companies to develop and exploit patents in the UK. The proposed regime will see a...

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