1. 16-016878-01 Corporate Tax and Brexit Survey | June 2016 | Version 2 | Internal and Client Use Only
Corporate Taxation and Brexit

2. © Copyright ICAS
16-016878-01 Corporate Tax and Brexit Survey | June 2016 | Version 2 | Internal and Client Use Only
2
Four in ten (42%) consider the reputational
consequences of corporate tax decisions more
often than three years ago
TaxQ2. Are the potential reputational consequences of corporate tax decisions considered by your company more often, less
often or about the same as three years ago? Base: 222

3. © Copyright ICAS
16-016878-01 Corporate Tax and Brexit Survey | June 2016 | Version 2 | Internal and Client Use Only
3
Over eight in ten think the UK corporate
taxation system needs to be simplified
TaxQ5. To what extent do you agree or disagree with the following statements? Please select one answer for each statement.
Base: 222
The quality of
tax legislation in
this country is
poor
Cooperation from
all sides
(companies, their
tax advisers and
tax authorities)
would help in
improving the
overall tax yield
from UK
businesses
Over the last few
years, the UK
Government has
treated companies
fairly in regards to
tax
The corporate
taxation
system in the
UK needs to
be simplified
It is acceptable for
companies to seek
to minimise their
corporate tax
liabilities by
making use of the
variations in tax
rates between
countries
There should be
coordinated
action by
governments and
international
agencies to bring
about the end of
offshore tax
havens
The “Panama
Papers” will
lead to further
legislation to
restrict
international
tax avoidance

4. © Copyright ICAS
16-016878-01 Corporate Tax and Brexit Survey | June 2016 | Version 2 | Internal and Client Use Only
4
Just under three-quarters (73%) would
prefer the UK to stay in the EU
EUQ1. There will be a referendum on the United Kingdom’s membership of the European Union (EU) on 23 June 2016. Which
outcome of the referendum would you prefer? Base: 222

5. © Copyright ICAS
16-016878-01 Corporate Tax and Brexit Survey | June 2016 | Version 2 | Internal and Client Use Only
5
SEM/Free movement and uncertainty of Brexit
are reasons for staying; failure of current system
is the main reason for leaving
EUQ2. And why do you say that? Base: All preferring UK to stay (163); All preferring UK to leave (38)