Market leading insight for tax experts
View online issue

Modernising the tax rules for debt and derivatives

Speed read

The proposed changes arising from the government’s review of the taxation of debt and derivatives are now taking shape. The changes range from fundamental structural reforms – such as focusing more strictly on the amounts recognised in profit and loss and clarifying the ‘fairly represents’ rule – to fortified anti-avoidance in the form of regime-wide anti-avoidance rules. Various technical changes will be made in relation to the connected companies rules; and there is a new general exemption introduced to facilitate corporate rescue.

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.