Taxation of Foreign Profits handbook provides timely and authoritative interpretation of the 2009 rules addressing the taxation of Foreign Profits earned by UK companies and their subsidiaries, and other significant changes affecting companies with cross-border investments.

A high profile and expert team of authors lead by General Editor Philip Baker QC with Consultant Editor Diane Hay explain the core issues stemming from the most extensive changes to UK law on the taxation of foreign income in over 50 years, and show how these rules will apply with examples of their practical application.

Key benefits of Taxation of Foreign Profits 2009-2010:

• Taxation of Foreign Profits deals with the most extensive changes to UK law on taxation of foreign income in over 50 years
• An accountant and lawyer author team write each chapter to ensure 360 degree coverage of all elements through this expert partnership
• Chapters are structured to identify key issues in the interpretation and application of the new legislation, with a discussion of possible solutions
• Each chapter contains practical examples of the impact of the new rules
• This title benefits from the specialist knowledge of Consultant Editor Diane Hay and General Editor Philip Baker QC

Consultant Editor Diane Hay was previously a senior official of HM Revenue & Customs where she was a member of the HMT/HMRC Joint Steering Committee on Foreign Profits. General Editor Philip Baker QC is one of the UK’s most respected QCs and academics with a global reputation on international tax and treaty law. Their contribution allows practitioners to understand the background to this complex legislation and how the new rules fit into the global picture.