2 ms·
HMRC could easily deem the company as being controlled in the UK[0]. This could potentially cause you problems, but then again the corporate tax rate in the US
by nikon 10y ago
HMRC could easily deem the company as being controlled in the UK[0]. This could potentially cause you problems, but then again the corporate tax rate in the US is considerably higher so would there be any tax owed considering the double-taxation agreement[1]?
[0] http://www.menzies.co.uk/wp-content/uploads/2016/01/INTERNATIONAL-Inbound_2015_01_Management-and-Control-of-UK-subs.pdf http://www.menzies.co.uk/wp-content/uploads/2016/01/INTERNAT...
[1] https://www.gov.uk/government/publications/usa-tax-treaties https://www.gov.uk/government/publications/usa-tax-treaties