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Offshore funds: consultation

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HMRC have invited comments on draft amendments to Offshore Funds (Tax) Regulations, SI 2009/3001.

A proposed change to the provision for equalisation was announced last December.

HMRC have invited comments on draft amendments to Offshore Funds (Tax) Regulations, SI 2009/3001.

A proposed change to the provision for equalisation was announced last December.

HMRC have now outlined several other proposed amendments. No time limit is given but interested parties are asked to note that the government intends to make the regulations by late April.

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