... for a government seeking to simplify the tax system and improve tax compliance, it is conventional wisdom that the harder we make tax compliance, the more we provide the incentive for non-compliance and outright evasion.

Read my article published by the Guardian Newspaper (uploaded below) to find out about matters arising from the current deemed profit basis of taxation, proposed changes by the tax authorities and the way forward.

Download Foreign companies taxation

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.