Taxes
How high are the corporate income tax in Great Britain?
An LLP which is carrying on a trade or business with a view to profit is treated for specified tax purposes as a partnership.
- As a flow-through form, this implies that there is no corporate income tax whatsoever, and that members are taxed in Great Britain, given they are resident and are conducting their business in Great Britain
What Double-tax treaties has Great Britain LLP?
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion
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Status: End of 2020