Diverted profits tax
UK tax - anti-avoidance.
A UK tax applied at a rate of 25%.
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.
- Base erosion and profit shifting
- Common Consolidated Corporate Tax Base
- Corporation Tax
- Double taxation
- Financial Transaction Tax
- Permanent establishment
- Tax avoidance
- Transfer pricing