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HMRC guidance on fund managers’ carried interest CGT changes

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HMRC has published guidance on the Finance Bill legislation at clauses 40 and 41 introducing new rules, effective from 8 July 2015, to ensure that individual fund managers are charged to CGT on the full economic gain they receive from their carried interest in the fund, regardless of the nature o

HMRC has published guidance on the Finance Bill legislation at clauses 40 and 41 introducing new rules, effective from 8 July 2015, to ensure that individual fund managers are charged to CGT on the full economic gain they receive from their carried interest in the fund, regardless of the nature of the underlying asset to which the gain relates. See www.bit.ly/1g1BiMu.

Issue: 1272
Categories: News
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