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Controlled Foreign Companies

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Lower corporate tax rates attract foreign investment

Big GDP and low tax rates are key to foreign direct investment

15 May 2013

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WPP CEO says corporation tax “question of judgement”

Sir Martin Sorrell says large corporations will pay tax out of sense of social responsibility and not legal requirements

02 Jan 2013

Britain and Ireland satellite image

Henderson Group moves tax residency to the UK

Henderson cites Controlled Foreign Company reform for moving tax residency from the Republic of Ireland to the UK

13 Dec 2012

New CFC rules go live in next week's Finance Bill

Controlled Foreign Companies rules to be implmented into the Finance Bill

22 Mar 2012

Charity: New corporate tax loophole will cost poor countries £4bn

Planned Treasury changes to tax rules for multinational companies will cost governments in poor countries up to £4bn a year in revenue, a development charity has warned

06 Mar 2012

CFC changes will drive jobs away, not into, the UK

Don't let the CFC regime cause UK job losses, warns global tax director Tim Branston

30 Jan 2012

Controlled foreign companies reform 'will boost UK'

New rules on offshore financing will attract businesses to the UK, say advisors

07 Dec 2011

Informa considers UK tax base return

Informa prepared to consider UK tax return after corporate tax reforms; Lancashire Holdings announces return

27 Jul 2011

CFC rules provide an intellectual problem

The reform of controlled foreign companies does not make good reading for intellectual property-dependent businesses

19 Jul 2011

Why tax isn't a shore thing

Transfer pricing. A summary of the issues and implications of inter-company deals...and why it's not always about tax

15 Jul 2011

UK fails to untangle foreign company tax

Current proposals for CFC reform are a missed opportunity to say the UK is open for business, warns Heather Self

11 Jul 2011

CFC rules could contravene EU law

Controlled foreign companies legislation might still be in contravention of EU law

01 Jul 2011

EC and UK collide over foreign company tax

UK reform of controlled foreign company law unlikely to comply with EU law - and a phoney war could ensue

23 May 2011

EC tells UK to amend CFC legislation

UK tax on European subsidiaries' capital facing Commission legal challenge

19 May 2011

Should we rejoice at the return of WPP?

Advertising giant WPP announced the day after the Budget that it was considering moving its tax base back to the UK. But is this really a sign that the chancellor's measures are working?

30 Mar 2011

Budget2011: What is the price of attracting business to the UK?

Changes to the controlled foreign companies legislation will certainly attract business to the UK. But at £2.5bn over the course of this Parliament, is this worth it?

23 Mar 2011

Treasury in talks with WPP to return to UK

Six months of talks with advertising giant to return tax base to the UK

21 Mar 2011

Have Osborne's tax reform plans gone far enough?

Advisers give their views on chancellor George Osborne's plans to reform CFC and intellectual property tax rules

01 Dec 2010

Advisers underwhelmed by tax reform plans

Little difference between Osborne's plans to reform controlled foreign companies tax, plus intellectual property rules, and the previous government's proposals

30 Nov 2010

Government outlines plans to reform corporate tax

George Osborne’s autumn statement reveals modernisation of CFC regime and reduction in corporate tax to 24% by 2014

30 Nov 2010

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2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Profession reaches end of its tether with PAC

After the Public Accounts Committee's latest hearing - in which it heavily criticised Google's tax affairs - many advisers have had enough

#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

CABA's Wendy Saunders and CEO Kath Haines

Feature: Inside the Chartered Accountants' Benevolent Association

After seeing a 70% rise in demand, Calum Fuller visited the Chartered Accountants Benevolent Association to learn more about its efforts to provide support

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.