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HMRC is consulting on whether to require companies that do not use sterling for accounting purposes to compute chargeable gains and allowable losses in a currency other than sterling and, if so, the potential scope of such a rule. Comments are invited by 15 October.

HMRC is consulting on whether to require companies that do not use sterling for accounting purposes to compute chargeable gains and allowable losses in a currency other than sterling and, if so, the potential scope of such a rule. Comments are invited by 15 October.

Issue: 1133
Categories: News
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