Financial Times - Lexiconhttp://lexicon.ft.comTerm of the Day from the Financial Times Lexiconen(PICS-1.1 "http://www.classify.org/safesurf/" L gen true for "http://www.ft.com/" r (SS~~000 1))&copy The Financial Times Ltd 2016 'FT' and 'Financial Times' are trademarks of The Financial Times Ltd. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.client.support@ft.comTue, 16 Jun 2009 01:42:55 +0100Thu, 08 Dec 2016 09:05:15 GMTNewspapers15http://lexicon.ft.comhttp://lexicon.ft.comFinancial Timeshttp://im.media.ft.com/m/img/rss/RSS_Default_Image.gifhttp://lexicon.ft.comdiverted profits taxhttp://lexicon.ft.com/Term?term=diverted profits tax<p>Diverted profits tax was introduced from 1 April 2015. It is charged at 25% when the UK tax base is reduced, either by segregating UK and non-UK activities to avoid creating a permanent establishment, or by making payments to low tax entities, where there is a lack of economic substance. </p>Tue, 15 Mar 2016 16:42:58 +0000<p>Diverted profits tax was introduced from 1 April 2015. It is charged at 25% when the UK tax base is reduced, either by segregating UK and non-UK activities to avoid creating a permanent establishment, or by making payments to low tax entities, where there is a lack of economic substance.&nbsp;[ref url=""]&nbsp;PwC, 2016&nbsp;<a href="http://www.ft.com/cms/s/2/43c3e75e-334e-11df-bc32-00144feabdc0.html">disclaimer</a>[/ref]</p>