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NICK FARMER and STEVE HOARE look at the international tax issues of expanding abroad
KEY POINTS
- Managing VAT and customs duty.
- Explore local tax issues.
- Setting up an overseas branch or subsidiary.
- Transfer pricing arrangements.
- Bringing profits back to the UK.
There is always a new statistic causing further concern about where the UK economy is heading. Consequently in an uncertain economic environment many small and medium-sized enterprises (SMEs) are looking at overseas markets as a key pillar of their future strategy not just to grow but also as a means of maintaining the status quo.
This article is aimed at helping businesses that are looking to take their product or service into...
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