Major Upcoming UK Corporate Tax Reforms: The Good, The Bad, and The Incomplete

On December 5, 2016, the UK Government  published  the  draft  provisions  for this year’s Finance Bill (« Finance Bill 2017 ») setting out the legislative changes to UK tax law that will take effect in April 2017. For multinational businesses within the charge to UK corporation tax, these draft provisions promise some significant changes which will present both challenges and opportunities.

This article, written by Gide London tax partner David Klass and associate Sally Fildes and published in Global Tax Weekly No. 219 on 19 January 2017, looks at three of the biggest areas of planned tax reform – some of which will be more welcome than others – from the perspective of multinational businesses with interests in the UK. Click on the PDF below to read the full article.