Michael Fluss Assistant Solicitor Berwin Leighton Paisner highlights some of the problems that have arisen in practice in connection with the application of the Treasury Consents legislation
The purpose of this article is to highlight some of the problems that have arisen in practice in connection with the application of the Treasury Consents legislation. This article is not intended to provide a comprehensive analysis of the legislation.
Since its introduction in 1951 the requirement to obtain the consent of HM Treasury for certain transactions involving shares or debentures issued by companies resident outside the UK has been a feature of the tax legislation which any tax practitioner advising a UK company on the structuring of its overseas interests cannot ignore. Initially aimed primarily at controlling...
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Michael Fluss Assistant Solicitor Berwin Leighton Paisner highlights some of the problems that have arisen in practice in connection with the application of the Treasury Consents legislation
The purpose of this article is to highlight some of the problems that have arisen in practice in connection with the application of the Treasury Consents legislation. This article is not intended to provide a comprehensive analysis of the legislation.
Since its introduction in 1951 the requirement to obtain the consent of HM Treasury for certain transactions involving shares or debentures issued by companies resident outside the UK has been a feature of the tax legislation which any tax practitioner advising a UK company on the structuring of its overseas interests cannot ignore. Initially aimed primarily at controlling...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
