The latest developments that matter, reviewed by Mike Lane and Zoe Andrews (Slaughter and May).
There is a lot on the table when it comes to the review of the UK funds regime announced at Budget 2020 to enhance the UK’s attractiveness as a location for asset management. Different strands of the review are at different stages with the proposed new asset holding company (AHC) regime and certain priority changes to the REITs regime being the most advanced and expected to be covered in draft legislation for technical consultation later this year for inclusion in the Finance Bill that will become FA 2022. The closing date for comments on the priority REITs changes and views on the design of the AHC regime is 23 February (see bit.ly/3avUAXL).
New AHC regime
One effect of BEPS particularly Action 6 on treaty abuse is that it is advisable to locate...
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The latest developments that matter, reviewed by Mike Lane and Zoe Andrews (Slaughter and May).
There is a lot on the table when it comes to the review of the UK funds regime announced at Budget 2020 to enhance the UK’s attractiveness as a location for asset management. Different strands of the review are at different stages with the proposed new asset holding company (AHC) regime and certain priority changes to the REITs regime being the most advanced and expected to be covered in draft legislation for technical consultation later this year for inclusion in the Finance Bill that will become FA 2022. The closing date for comments on the priority REITs changes and views on the design of the AHC regime is 23 February (see bit.ly/3avUAXL).
New AHC regime
One effect of BEPS particularly Action 6 on treaty abuse is that it is advisable to locate...
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:
