Britain's Chancellor of the Exchequer Osborne speaks during a press conference at the Treasury, in central London
Britain's Chancellor of the Exchequer George Osborne speaks during a press conference at the Treasury, in central London, May 17, 2010. REUTERS

(Reuters) - A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters.

Companies will also be required to report their potential liability to the new tax, which the note said will sit outside the existing corporate

United kingdom Intellectual Property