UK anti-avoidance legislation applies to a company that is set up overseas to keep it outside of the UK charge to corporation tax. Existing legislation applies by allocating a proportion of the profits of the CFC to the UK where they are subject to tax. A number of exceptions are available where it can be demonstrated that the CFC was not established outside of the UK for tax avoidance purposes or that profits of the CFC will be repatriated to the UK where they will be subject to tax.
March, 2009
Post Archives
Controlled foreign companies (‘CFC’)
Thursday, March 12th, 2009Riding out a Tough Economy: It Starts With Your Name
Thursday, March 12th, 2009Brand Identity is the face of your business. It helps your customers quickly identify your brand and differentiate it from all of the other brands vying for their limited “brain space.” Think Tiffany’s blue boxes or the cursive Coca Cola typeface and familiar red and white packaging. Brand identity is often the first thing a potential customer hears about a company and it starts with the name.