UK's Chancellor of the Exchequer George Osborne delivered Budget 2015 on 18 March 2015. The measures included in the Budget are generally in line with those announced in the Autumn Statement 2014 delivered in December 2014. Key measures are summarized as follows. Diverted Profits Tax It is confirmed that the Diverted Profits Tax, known as the "Google" tax, will apply from 1 April 2015. The tax will apply at a rate of 25% on profits of a foreign company deemed to have been diverted from the UK when the company has artificially avoided having a permanent establishment in the UK,...