Equally the other Member States lack those protections as well. If we then come on to our cfc rules, we revamp our cfc rules broadly at the same time we much to a much more territorial system of tax. That slide gives a very broad summary of the old rules and the new rules. I think two key points about the old rules, they contained a quite strong presumption that activity should be in the uk if it could be, if you like. So therefore, there was a tendency for there to be a pull into the uk. If you moved activity from country x to country whyy, there might be a question why hadnt you moved it into the uk or where wasnt it in the uk in the first place. So that impact on foreign to foreign transactions was particularly crucial and prar particularly difficult for many businesses to handle. I think another key difference is the current rules are more proportionate proportionate. Under the old rules, you could in some circumstances have quite a lot of income that would have otherwise been caug
Broadly at the same time we much to a much more territorial system of tax. That slide gives a very broad summary of the old rules and the new rules. I think two key points about the old rules, they contained a quite strong presumption that activity should be in the uk if it could be, if you like. So therefore, there was a tendency for there to be a pull into the uk. If you moved activity from country x to country whyy, there might be a question why hadnt you moved it into the uk or where wasnt it in the uk in the first place. So that impact on foreign to foreign transactions was particularly crucial and prar particularly difficult for many businesses to handle. I think another key difference is the current rules are more proportionate proportionate. Under the old rules, you could in some circumstances have quite a lot of income that would have otherwise been caught by cfc rules and income that you would logically want to catch with cfc rules, you could avoid that be a technique called
Ruzwana bashir. We were able to build a company, be able to create jobs, to create opportunities that people have these special experiences, they shower their friends and family. All of thats been kind of inspiring. It doesnt mean that my career i may be more into kind of spaces. Rose we conclude with e. O. Wilson. His new book is called a window on eternity. I believe we should reenter a period now of frank and open discussion of who we are and where were going. I would like to quote a french author back in the 30s just writing before the, just before world war ii again. He says mens trouble come from the fact we dont know where we are and we cant agree what we want to be. I think until we answer those two questions, what we are and what we really want to be, were going to continue to fraction around. Rose benghazi travel experiences and the fate of the planet when we continue. Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commit
Company, be able to create jobs, to create opportunities that people have these special experiences, they shower their friends and family. All of thats been kind of inspiring. It doesnt mean that my career i may be more into kind of spaces. Rose we conclude with e. O. Wilson. His new book is called a window on eternity. I believe we should reenter a period now of frank and open discussion of who we are and where were going. I would like to quote a french author back in the 30s just writing before the, just before world war ii again. He says mens trouble come from the fact we dont know where we are and we cant agree what we want to be. I think until we answer those two questions, what we are and what we really want to be, were going to continue to fraction around. Rose benghazi travel experiences and the fate of the planet when we continue. Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them
The two metre distancing rule some conservative mps say its causing too much damage to the economy. Calls increase in the us to take down confederate statues because of their connnections to slavery. Jk rowling reveals she has experienced Domestic Abuse and Sexual Assault, in an essay explaining her views about gender. And, even her majesty now video calls the queen thanks carers for their work during the coronavirus pandemic, to mark carers week. Its interesting listening to all your tales and stories and im very impressed by what you have achieved already, so im very glad to have been able to join you today. The first figures from the new nhs test and Trace Programme in england have been released. They show that two thirds of 8,000 people whove tested positive for covid 19 have provided details of who they had been close to. As a result, nearly 27,000 people were told to self isolate. The head of the programme, baroness harding said the service isnt yet at the Gold Standard, but was