Budget business measures at a glance: Drive to halt exodus
ALISTAIR Darling moved to halt the exodus of UK firms seeking lower tax regimes abroad.
The Chancellor will launch a tax-exemption scheme for large and medium-sized businesses on the dividends paid on their foreign subsidiaries. Darling also launched a review of the "controlled foreign companies anti-avoidance rules" consistent, which he said would move towards a "territorial approach".
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Weather for Edinburgh
Saturday 18 February 2012
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Cloudy
Temperature: -2 C to 7 C
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Wind direction: West
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