Diverted profits tax

From ACT Wiki
Jump to navigationJump to search

UK tax - anti-avoidance.


A UK tax designed to deter and correct for corporate tax avoidance.

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