U.K. taxation: a quiet revolution.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1995. The length of the article is 1249 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The United Kingdom has revised its corporate tax system to reduce inefficiencies and promote international investment. The corporate tax rate has been lowered from 52% to 33%, and the advance corporation tax has been reformed. The advance corporation tax had increased the effective tax rate for US multinationals doing business in the UK. Under the revised system, US corporations can do business in Europe through a UK international headquarters company and avoid the advance corporation tax as well as avoiding withholding tax on dividends. New rules for derivatives have been developed as well.

Citation Details
Title: U.K. taxation: a quiet revolution.
Author: Christopher H. Dent
Publication:The Tax Adviser (Magazine/Journal)
Date: July 1, 1995
Publisher: American Institute of CPA's
Volume: 26 Issue: n7 Page: 411(2)

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