TaxAdministration‘Tax reform could bring instabiliity ‘

'Tax reform could bring instabiliity '

The Institute of Fiscal Studies has warned that tax reform proposals designed at promoting a stable environment for business could in fact cause instability.

Link: Corporate tax reform consultation extended

IFS fears proposals on tax treatment of finance leases and legislation on transfer pricing, designed to bring Britain into line with European Union regulations, would place a high cost on business.

The institute said the frequency of the government’s proposals for corporation tax could undermine perceptions of a stable environment, while the signals being sent out were ‘confusing’.

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