English: tax leakage to shareholdersRussian translation: рост налоговых отчислений для акционеров KudoZ The KudoZ network provides a framework for translators ... More |
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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | English term or phrase: | tax leakage to shareholders | | Russian translation: | рост налоговых отчислений для акционеров | | Entered by: | Dmitry Golovin |
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English to Russian translations [PRO] Bus/Financial - Law: Taxation & Customs | | English term or phrase: tax leakage to shareholders | | Off-shore incorporation may result in tax leakage to the shareholders (it is possible to hold Russian shares off-shore subject to FAS and any applicable corporate restrictions) |
| | Clarification request(s) and responseZamira: 11:42am Mar 20, 2007: Question from XXXX
I am interested in two similar issues regarding personal taxation. 1) Is there any indication that ordinarily resident but non-domiciled persons are included in Mr. Brown's reference to "evaders"? 2) Is there any reason to be concerned about the existing status of British citizens who are not resident with respect to their world-wide outside of UK generated income? Are they "evaders"? Thanks for any insigt you have.
There is nothing in the list of initial proposals on tax leakage to affect either non-domiciled individuals (usually foreign nationals) or UK citizens resident abroad.
Having said this, there is a clear signal that the Chancellor intends to *curb tax leakage* in other ways and that future Budgets will address this. Evasion is not the same as tax avoidance. Evasion is illegal and existing rules can be applied. The concern is that planning for the individuals you mention which is now perfectly legal could become outlawed in the future.
Zamira: 11:43am Mar 20, 2007: http://www.bbc.co.uk/politics97/forum/budgetanswers.shtml Zamira: 11:47am Mar 20, 2007: Похоже, что этот leakage может относиться и к "tax avoidance" и к "tax evasion", т.е. быть и законным, и незаконным. Dmitry Golovin: 5:23pm Mar 20, 2007: Заказчик разъяснил - что это означает "рост налоговых отчислений"
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| | Selected response from: Vadzim Yaskevich, PhD Russian Federation
| Note from asker to answererСпасибо за наводку 4 KudoZ points were awarded for this answer |
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7 mins confidence:  peer agreement (net): +1 |
| утечка налогов к акционерам
Explanation: Some tax authorities limit the applicability of thin capitalisation rules to corporate groups with foreign entities to avoid "tax leakage" to other, lower tax, jurisdictions.
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| расходы, связанные с оплатой налогов
Explanation: Minimising the overall 'tax leakage' is a key aim for all businesses. Despite the Chancellor's two attempts to increase the corporation tax assessed on
http://www.whitingandpartners.co.uk/
Т.е. регистрация корпораций в офшорной зоне может стать причиной доп. налогообложения.
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