1. 

   Purnesh Kumrawat Member

   

    

   Purnesh Kumrawat, Jun 25, 2019

   #1
2. 

   Lynn Birchall ActEd Tutor Staff Member

   Hi
   
   If the rate of tax paid in Latvia was higher than the corporation tax rate in the UK, then it would be similar to example 1 above this one. Therefore, in the UK the remaining £7,500 (to use the figures in your example) would not be subject to further tax.
   
   Best wishes
   Lynn

    

   Lynn Birchall, Jun 25, 2019

   #2

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