The Resource Office of Tax Simplification Business Lifecycle Report

Office of Tax Simplification Business Lifecycle Report

Label
Office of Tax Simplification Business Lifecycle Report
Title
Office of Tax Simplification Business Lifecycle Report
Creator
Subject
Language
eng
Summary
On 16 April 2018 the Office of Tax Simplification (OTS) published a Report titled "Business Lifecycle Report: Simplifying the taxation of key events in the life of a business" (the Report). The Report follows on from work previously undertaken by the OTS regarding simplification of the corporation tax computation and VAT. However, instead of focusing on any one aspect of the tax system, its aim is to take a more holistic view of the tax charges, reliefs and administrative burdens faced by businesses and consider 'key events in the lifecycle of a business'. In the context of businesses owned by individuals and families the relevant 'lifecycle' events are: start-up; incorporation; financing for growth; succession (passing on the business); disposal or cessation of the business. The Report addresses the tax issues around each of these in turn, with a particular focus on the various reliefs and incentives available, including whether these achieve their objectives, how they interact and ways in which they could be simplified. This current note reviews the Report
Citation source
In: British tax review. - London. - (2018), no. 3 ; p. 258-264
http://library.link/vocab/creatorName
Rawson, E
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • capital gains tax
  • corporate income tax
  • inheritance tax
  • succession
  • disposal
  • investment
  • inheritance tax
  • venture capital
  • tax relief
  • tax incentive
  • financing
Label
Office of Tax Simplification Business Lifecycle Report
Instantiates
Publication
Label
Office of Tax Simplification Business Lifecycle Report
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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