Diverted profits tax: Difference between revisions
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imported>Doug Williamson (Create the page. Source: EY Finance Bill 2015 Executive Summary: http://www.ey.com/Publication/vwLUAssets/EY-Finance-Bill-2015-Diverted-profits-tax-Details-released/$FILE/EY-Finance-Bill-2015-Diverted-profits-tax.pdf) |
imported>Doug Williamson (Update to current position) |
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(DPT). | (DPT). | ||
''UK''. | ''UK tax''. | ||
A | A UK tax applied at a rate of 25% from April 2015. | ||
The | The DPT applies to large multinational enterprises with business activities in the UK who enter into ‘contrived’ arrangements to divert profits from the UK by avoiding a UK taxable permanent establishment and/or by other ‘contrived’ arrangements between connected entities. | ||
taxable permanent establishment and/or by other ‘contrived’ arrangements between connected entities. | |||
Revision as of 13:21, 11 August 2015
(DPT).
UK tax.
A UK tax applied at a rate of 25% from April 2015.
The DPT applies to large multinational enterprises with business activities in the UK who enter into ‘contrived’ arrangements to divert profits from the UK by avoiding a UK taxable permanent establishment and/or by other ‘contrived’ arrangements between connected entities.
See also
- Base erosion and profit shifting
- Common Consolidated Corporate Tax Base
- Corporation Tax
- Permanent establishment
- Tax avoidance
- Transfer pricing
- Double taxation
