Tax exemption option could lure back firms
Firms that have redomiciled for tax purposes could consider returning to the UK if a government-driven consultation on corporate tax for controlled foreign companies leads to substantial legislative changes, according to Pricewaterhouse Coopers.
The consultation, launched on 30 June, has been issued with the aim of providing the UK with a more favourable tax regime — and preventing UK business relocating offshore to rival financial centres
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