United Kingdom - The Future of UK Interest Deductibility and the Patent Box Regime
- United Kingdom
- A. Casley; D. Pybus; S. Vincent
- International Transfer Pricing Journal, 2016 (Volume 23), No 2
- 15 March 2016
In light of OECD developments aimed at tackling base erosion and profit shifting (BEPS), the United Kingdom recently announced proposed changes to interest deductibility and patent box regimes. This article reviews the background to these proposed changes and examines the intended effect, with a focus on issues that are likely to be relevant or of interest to transfer pricing practitioners.