It seems that implementation of the Vickers report will require a banking group to divide its investment banking and retail banking operations between ringfenced group entities.
Tax might seem to be a relatively unimportant item in the scale of things but I suspect that there may be a number of questions to consider both on implementation and in respect of continuing tax matters.
Tax implications will have to be |
For instance transfers of capital assets between the relevant companies would be made on a no gain no...
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It seems that implementation of the Vickers report will require a banking group to divide its investment banking and retail banking operations between ringfenced group entities.
Tax might seem to be a relatively unimportant item in the scale of things but I suspect that there may be a number of questions to consider both on implementation and in respect of continuing tax matters.
Tax implications will have to be |
For instance transfers of capital assets between the relevant companies would be made on a no gain no...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: