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Outcome of vote unlikely to have immediate credit impact: Fitch

New U.K. regime will be caught between policy promises and financial markets

Justices left in place provision of 2017 tax law expected to generate $340 billion, mainly from foreign subsidiaries of domestic corporations

The measure, which targets pass-through companies, could raise more than US$50 billion

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Here are seven steps for advisors

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Industry divided on, investor advocates opposed to, reforms

Some of the 59 companies avoiding tax were in the finance sector

Help your business-owner client seize the opportunity to defer tax

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Relief of penalties and interest may also be available to affected people and businesses

  • By: IE Staff
  • September 1, 2023 September 1, 2023
  • 09:56
Collection of Euro bills

The 40% tax would apply to profits from the difference between loan interest and interest paid to customers on deposits