On 1 March 2016, the UK HMRC published a policy paper title Issue briefing: Taxing the profits of companies that are not resident in the UK. On the same date, HMRC also published an updated policy paper on transfer pricing and an updated corporate report on aggressive tax planning.
HMRC issue briefing: taxing the profits of companies that are not resident in the UK
Explains when a foreign company operating in the UK must pay UK Corporation Tax, and what HMRC is doing to make sure the rules…