Impact of Permanent Establishment Reform for Credit Funds
By EsqSocial Corporation 01/05/25
On 28 April, the UK Government produced draft legislation for consultation as the latest step in the reform of UK rules on transfer pricing, permanent establishments and diverted profits tax. From an asset management perspective, the most controversial part of the reform is the change to the UK domestic definition of a permanent establishment....
By: Ropes & Gray LLP