UK Corporation Tax Exemption?..
3 posts • Page 1 of 1
by Lambs on Fri Jan 13, 2006 11:25 am
F,
Prima facie, a UK-registered (UK-resident) company is chargeable in the UK, as to its worldwide activities.
An overseas company would also be chargeable to UK CT, to the extent that its trade was conducted from a 'permanent establishment' situated in the UK.
The starting point is to consider that a business activity conducted in the UK will be chargeable to tax in the UK.
There may be reasons why this is not the case in particular circumstances. You would be best served by consulting with a suitably qualified professional, to see if the scenario you envisage might fall into one of those categories.
Regards,
Lambs
Prima facie, a UK-registered (UK-resident) company is chargeable in the UK, as to its worldwide activities.
An overseas company would also be chargeable to UK CT, to the extent that its trade was conducted from a 'permanent establishment' situated in the UK.
The starting point is to consider that a business activity conducted in the UK will be chargeable to tax in the UK.
There may be reasons why this is not the case in particular circumstances. You would be best served by consulting with a suitably qualified professional, to see if the scenario you envisage might fall into one of those categories.
Regards,
Lambs
- Lambs
- Posts: 846
- Joined: Wed Aug 06, 2008 3:15 pm
3 posts • Page 1 of 1
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