London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

European Commission challenges the UK again

The EC has asked the UK to amend the law that levies an ‘exit tax’ on companies.  The current law results in immediate taxation of unrealised capital gains in respect of certain assets when the place of effective management of a company is transferred outside the UK, whereas a similar transfer within the UK would not give rise to any tax charge.

It will be interesting to see what happens on this.



Date: 7th May, 2012
Author: Cathy Corns


Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


We are delighted to continue our player sponsorship with @MKDonsFC @LeeNicholls is a safe pair of hands for the cl……

Business News from Mercer & Hole Accountants - Considering outsourcing your financial functions? Read on...…



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn