Any overseas company with a UK branch or office must pay UK Corporation Tax on company profits arising in the UK. On 23 September 2022, the government announced that the increase in the Corporation Tax main rate to 25% and the introduction of a small profits rate of tax from 1 April 2023. The U.S. currently taxes corporations at 21%, France at 26.5% and Germany at 15%.
Be the first to reply to this question.
