Taxing issues

Beginning 6 April 2025, the new Foreign Income and Gains (FIG) regime will allow for qualifying arrivals in the UK to exclude their FIGs from UK taxation for the first four years of tax residence.

In an article published in Bloomberg Tax, Richard Tonge, Grant Thornton Global Mobility Practice Leader, writes about what is in the UN Tax Committee draft and how it would apply to remote working and cross-border employment arrangements more broadly.

Start-ups, high-growth and mid-sized businesses may disproportionately be impacted by the high costs of managing corporate taxes and employer tax compliance in new country locations.

Pillar 2 has been ratified by the governments of more than 100 countries, so U.S. multinationals are likely to deal with its effects in many places.

Kirsty Rockwall, Grant Thornton UK, answers three transfer pricing dispute questions providing a unique perspective of practitioners in the UK.

Tackling profit-shifting arrangements requires multinational enterprises to align the conditions of their intercompany transactions with those agreed by independent enterprises for comparable activities, commonly known as the arm's length price.