TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Taxation of Foreign Profits

A joint HMT/HMRC discussion document on the taxation of the foreign profits of companies has been published on the HMRC website. According to HMRC, this document sets out a package of proposals for modernising and creating a more straightforward regime for taxing foreign profits.The closing date for responses is 14 September 2007.

A copy of the discussion document is available at http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageLibrary_ConsultationDocuments&propertyType=document&columns=1&id=HMCE_PROD1_027592.