Rosemary Blundell, National Tax Director of Mazars LLP, explains why international groups should hold on to the transitional CFC exemption
for holding companies.
The current reform of the controlled foreign companies (CFC) rules in Finance Act 2009 precedes a longer-term overhaul of these provisions over the next two years.
This article appeared in Tax Journal on the 27th July 2009. Click here to download this article.
Director National Tax
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