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Tax and the City briefing for February 2013

Speed read

HMRC appoints the interim GAAR advisory panel members to cover a range of interests, including business, tax advisers and the wider taxpayer interest. Legislation covering the new annual residential property tax and related CGT charges is published. The launch of a new regulated contractual fund vehicle in the UK becomes imminent. Italy introduces its own extra-territorial FTT. The redemption of loan notes does not involve an acquisition by the issuer.

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