Posts Tagged ‘BEPS’

Budget 2016 tax implications for biotech companies

Corporation Tax As announced in the Budget 2016 statement, the UK corporation tax rate is to be reduced further and will decline as follows: 1 April 2015 1 April 2017 1 April 2020 20% 19% 17% In addition, the old system of ring fencing brought-forward losses within companies and only allowing group companies to share…

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