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Royal Assent
The Finance Act 2008 was granted Royal Assent on 21 July.
Foreign profits
HM Treasury has written an open letter to both the CBI and the 100 Group of Finance Directors stating that its review of the taxation of foreign profits will not lead to any action for now; HM Treasury has however also issued a new technical note discussing future moves:
●     letter to CBI (see
●     letter to 100 Group (see
●     letter from CBI (see
●     letter from 100 Group (see

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