TaxCorporate TaxTreasury in new ‘u-turn’

Treasury in new 'u-turn'

If Alistair Darling is to signal a u-turn on the foreign profits rules, he’s going to have to do better than this:

Clearly, we want to look at how these reforms might affect individual sectors,
including those dealing with intellectual property. We are committed to a
revenue-neutral package that enhances competitiveness while protecting UK tax
revenues.

That’s a ‘Treasury source’ quoted by The Times.

Related Articles

HMRC hiring spree welcome but won't solve 'customer' service issues alone

Corporate Tax HMRC hiring spree welcome but won't solve 'customer' service issues alone

2y Calum Fuller, Reporter
Tory tax plans ease business’s worries, but personal tax path unclear

Corporate Tax Tory tax plans ease business’s worries, but personal tax path unclear

3y Calum Fuller, Reporter
Ridiculous timeframe given to read and debate the Finance Bill

Corporate Tax Ridiculous timeframe given to read and debate the Finance Bill

3y Calum Fuller, Reporter
HMRC must apply common sense to pay-up first plans

Corporate Tax HMRC must apply common sense to pay-up first plans

3y Calum Fuller, Reporter
Scrapping IR35 all very well – but what else?

Corporate Tax Scrapping IR35 all very well – but what else?

4y Calum Fuller, Reporter
Election concerns likely to colour the Budget

Corporate Tax Election concerns likely to colour the Budget

4y Calum Fuller, Reporter
LLPs guidance delay sign concerns may be heeded

Corporate Tax LLPs guidance delay sign concerns may be heeded

4y Calum Fuller, Reporter
ICAEW takes important educational step in tax debate

Corporate Tax ICAEW takes important educational step in tax debate

4y Calum Fuller, Reporter