New OECD proposals enhance the risk that Investment Manager (“IM”) activities create a taxable presence in an operating jurisdiction. Although changes are not yet agreed, the direction of travel is clear; all jurisdictions will seek to broaden the scope for taxation. Investment managers should evaluate their operations in all jurisdictions to understand the risk.
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Authors:
- Ruth Steedman
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Segment:
- Corporate Finance
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Asset type:
- Article
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Topic:
- Government & Policy
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Country:
- UK
Date published:
- December, 2016