Log into Tax-News+ |
|
|
Email Address: |
|
|
Password: |
|
The United Kingdom has legislated to stop property developers from using offshore structures in the Crown Dependencies to avoid UK tax on profits.
The UK has published legislation to bring into force amendments to the tax treaties between the UK and the Crown Dependencies – Guernsey, Jersey, and the Isle of Man. These agreements will allocate the taxing rights over profits from immovable property to the territory in which the property is situated. When enacted these changes will apply from March 16, 2016.
In addition to the tax treaty amendments, legislation will also be enacted to tax trading profits derived from land in the UK. Those rules will apply equally to resident and non-resident businesses, and will not depend on the existence of a "permanent establishment" in the UK.
Tax-News+ Daily Updates Receive FREE daily updates from Tax-News.com, straight to
your inbox. Register Now!
For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...
Stay UpdatedPlease enter your email address to join the Tax-News.com mailing list. View previous newsletters.
To manage your mailing list preferences, please click here »
Network Blogs and FeaturesGlobal tax and business portal.
An intuitive international business, tax and investment smart tool that searches and compares global jurisdictions for the most effective corporate vehicles and structures based on intended use and ownership preferences.
|
|
|
|
|
A free online publication serving international expatriates and featuring world news, forums, events, in-depth country information and reliable investment and personal taxation guides.
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
IMPORTANT NOTICE: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All rights reserved. © 2017 Wolters Kluwer
TAA Limited
Leave a comment