Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Expanding abroad

13 March 2012 / Ross Welland
Issue: 4345 / Categories: Comment & Analysis , Business , Income Tax
ROSS WELLAND considers international tax management for owner-managed firms

KEY POINTS

  • Consider the local domestic tax legislation.
  • Effect of double tax agreements.
  • Minimise withholding tax.
  • Is there a permanent establishment?
  • Follow administrative procedures.

Business is increasingly global for a variety of reasons. Businesses that even a few years ago would have focused solely on the UK are looking for opportunities around the world.

While this can be good commercially the downside is that it means a business has to worry about not only its own country’s tax system but also those of the countries it does business with.

We are also living at a time when governments round the world are looking for ways to raise revenue and a business trading in a country can be a relatively easy target.

We know how hard it can be for...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon