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Multinationals are looking differently at the UK and the new
choices it presents. Recent, significant tax reforms are
prompting many to reconsider the role that the UK can play in the
group's business activities and some have announced their
intention to return to or expand their activities in the UK.
Activities which in the past may have settled in Switzerland,
Luxembourg and the Netherlands can today be an ideal fit for the
UK. Meanwhile, investing in offshore operations from the UK
is significantly more attractive than it used to be.
So, what's changing and how should businesses react?
Key findings
Our publication focuses on the current and emerging tax
opportunities that the UK now affords multinational groups, both UK
and foreign-owned.
We cover UK tax changes including controlled foreign companies
(CFC) reform, Patent Box, above the line R&D and the reducing
corporation tax rate, and discuss what these changes mean for
businesses that have operations in the UK.
Of key importance are CFC changes which will bring more
flexibility to non-UK owned groups who use the UK as an
intermediate holding location, and UK-owned groups basing financing
operations offshore.
We also provide guidance around what companies should be
considering now, and other areas to be aware of for groups who
might be considering expanding their presence in the UK.
For further information, please download our publication,
At home in the UK.(PDF 564 KB)
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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