Published Date:
25 November 2008
ALISTAIR Darling moved to halt the exodus of UK firms seeking lower tax regimes abroad.
The Chancellor will launch a tax-exemption scheme for large and medium-sized businesses on the dividends paid on their foreign subsidiaries. Darling also launched a review of the "controlled foreign companies anti-avoidance rules" consistent, which he said would move towards a "territorial approach".
The full article contains 70 words and appears in The Scotsman newspaper.
-
Last Updated:
24 November 2008 8:52 PM
-
Source:
The Scotsman
-
Location:
Edinburgh
-
Related Topics:
Economic indicators
