Over half of multinational companies would prefer to see taxation of foreign profits proposals implemented mid 2009, research has found. The poll, carried out by PricewaterhouseCoopers, suggests that businesses would like to get the foreign profits tax policy correct, rather than see a hurried implementation to meet the Finance Bill deadline, expected in April 2009. The findings come after the government's latest announcement at the pre-Budget report, to opt for a 'balanced' rather than a 'revenue neutral' package. This package would involve offering a dividend exemption for most, introducing the interest cap and super para 13 anti-avoidance, amending the controlled foreign company regime to remove the acceptable distribution policy exemption and holding company test, and repealing Treasury consent. Peter Cussons, a tax partner at PwC, said: 'At a time when the economic stability of UK plc is volatile, as the global economic crisis continues, multinationals are concerned to ensure they have a foreign profits tax policy that does indeed encourage UK competitiveness. 'Findings from the poll suggest that businesses are worried about the interest cap and super para 13 and intent on getting it as right as possible, even if that means pushing things back a little.' Directors of multinationals were also asked whether they believed the foreign profits package would leave their respective businesses better or worse off. Only 22% agreed it would be better, 39% worse and another 39% unsure.