PwC Alert (Issue 127): United Kingdom Diverted Profits Tax (“DPT”): Could it apply to you?

This Alert discusses the recently introduced Diverted Profits Tax and its implications for companies that carry out business in the UK or own real property there, including Malaysian-based multinational companies. It highlights what companies that fall under the ambit of DPT should do to ensure that notification and payment of the tax are done on a timely basis.

PwC Alert is a digest of topical financial and business information for clients and business associates of PwC Malaysia. Whilst every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PwC Associates Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.