HMRC has issued draft regulations, which propose changes to the corporate tax rules in relation to exchange gains and losses applying when assets being disposed of are matched by a hedging instrument.
HMRC has issued draft regulations, which propose changes to the corporate tax rules in relation to exchange gains and losses applying when assets being disposed of are matched by a hedging instrument. The changes are required for consistency with the approach of Finance Bill 2013, and are due to take effect on 1 September 2013, in line with Finance Bill 2013 cl 65. Comments on the draft measures should be received by 2 July 2013.
HMRC has issued draft regulations, which propose changes to the corporate tax rules in relation to exchange gains and losses applying when assets being disposed of are matched by a hedging instrument.
HMRC has issued draft regulations, which propose changes to the corporate tax rules in relation to exchange gains and losses applying when assets being disposed of are matched by a hedging instrument. The changes are required for consistency with the approach of Finance Bill 2013, and are due to take effect on 1 September 2013, in line with Finance Bill 2013 cl 65. Comments on the draft measures should be received by 2 July 2013.
