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Diverted profits tax - Egan Roberts Accountants Ribchester Lancashire
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Diverted profits tax

Helping you from the beginning

Diverted profits tax rate:

From 1 April 2015  25%

Note

Diverted profits tax applies to large multinationals who enter into contrived arrangements to create ‘diverted profits’ to avoid a UK taxable presence on their business activities. Further, the tax also applies where companies use transactions or entities lacking economic substance to create a UK tax advantage. This applies to those companies who have UK customers in excess of £10million but no UK taxable presence.