Difference between revisions of "Controlled Foreign Companies (CFC) Working Groups"
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| − | Working Groups of representatives from businesses have been established to complement wider consultation on CFC reform and to discuss options and proposals in more detail. Lists of members are provided below. The first working group meetings | + | Working Groups of representatives from businesses have been established to complement wider consultation on CFC reform and to discuss options and proposals in more detail. Lists of members are provided below. The first working group meetings were scheduled for January 2011.<ref> [http://www.hm-treasury.gov.uk/consult_cfc_reform.htm Controlled Foreign Companies (CFC) reform], 29 November 2010, acc 6 October 2011 </ref> |
===CFC Monetary Assets working group=== | ===CFC Monetary Assets working group=== | ||
Revision as of 11:06, 6 October 2011
The UK government is currently examining and consulting on options to reform the UK’s Controlled Foreign Companies (CFC) rules, which are expected to be introduced in the Finance Bill 2012.
Contents
Activities
Working Groups of representatives from businesses have been established to complement wider consultation on CFC reform and to discuss options and proposals in more detail. Lists of members are provided below. The first working group meetings were scheduled for January 2011.[1]
CFC Monetary Assets working group
Neil Harris – BHP Biliton Claire Jordan – Diageo Tim Voak – Tesco Mark James – G4S Janine Juggins – Rio Tinto John Connors – Vodafone David Smith – International Power Lindsey Ritchie - Shell
CFC intellectual property working group
Colin Garwood – Intercontinental Hotels Linda Cutler – Kraft Helen Jones – GlaxoSmithKline Paul Morton – Reed Elsevier Chatan Patel – Cable and Wireless Robin Booth – Association of British Food Simon Upcott – Cookson
CFC Property working group
Lucinda Bell – British Land Neil Stanford – Standard Life Octavia Peters – Segro Terry O'Beirne – Capital and Counties Will Chetwood – Aviva Jeremy Moore – Grosvenor
CFC Insurance working group
Roger Adams – Aviva Rob Clayton – RSA Mervin Skeet – XL Group Kieran Devlin – Prudential Juliet Philips – Lloyds Rob Gill - AIG
CFC Banking working group
Mike Lomax – Standard Charter
Geoff Pennells - Citigroup
Sue Cooper - Schroders
Carol Boneham - HSBC
Elizabeth McDiarmid - RBS
Chris Nunn - Barclays
CFC interim improvements
Robert Thomas - Xerox Stephen Dale – British American Tobacco plc Colin Garwood – IHG plc Neil Harris – BHP Biliton Mike Sufrin – Rolls-Royce plc Roger Adams – Aviva plc Keith Tucker – Anglo American Kathy Bishop – IBM
- Website:
Resources
Notes
- ↑ Controlled Foreign Companies (CFC) reform, 29 November 2010, acc 6 October 2011
