Asked to act for a non UK resident client !

UK company with dutch sub and parent co in low tax jurisdiction

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I have been asked to file a set of accounts for a U.K resident company that has a dutch sub where all economic activity is carried out. A service agreement transfers roughly 40% of the income of the dutch sub to the U.K and then another service agreement between the U.K and the parent company which is in a low tax jurisdiction charges ther U.K management fees.

The U.K company does not do anything - it has a U.K resident director but the ultimate shaerholder carries out all the activity in Holland.

I feel uneasy about filing the accounts and tax return . If I do all the relevant disclosures, and advise the client to seek expert tax advice on this arrangement, am I Ok to still file the corporate tax return without being considreed compliant in any tax avoidance?

 

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RLI
By lionofludesch
11th Nov 2016 08:33

If you feel uneasy, don't do it.

Some people are good at some things and some people are good at others.

Stick to what you're good at.

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