OrbitaxOrbitax

Wales to Exclude Tax Haven Entities from COVID-19 Relief

|Approved Changes|United Kingdom
United Kingdom

The Welsh government has announced that it will deny Covid-19 financial relief to entities established or having a subsidiary in a tax haven. The decision follows similar moves by Scotland within the United Kingdom, and inter alia Denmark, France and Poland elsewhere. The decision was confirmed by the Welsh Minister for Economy and Transport at a press conference held on 13 May 2020.

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.