Thom Rasser

Double Dip Or Double Dutch?
A reaction to an article in the forty-ninth Inland Revenue Tax Bulletin concerning international corporate groups with branch losses; from Thom Rasser and Ronald Hein.
The Inland Revenue recently issued the forty-ninth Tax Bulletin, and one of the articles in that publication provided guidance on the new United Kingdom group relief regulations. These regulations were introduced with the Finance Act 2000. They are to be found in sections 403D and 403E, Taxes Act 1988, and have effect for accounting periods ending on or after 1 April 2000.