Tax on the life of guarantees

Tim Harrop

Lydia Challen

Bank loans to corporate borrowers are often supported by guarantees from related companies. Lydia Challen and Tim Harrop identify the principal tax issues on the provision of such a guarantee, from its creation to its termination

Lydia Challen Tim Harrop Bank loans to corporate borrowers are often supported by guarantees from related companies.

In this article we review the principal tax issues related to the provision of such a guarantee from the creation of the guarantee until its termination through expiry release or call.

We have used for illustrative purposes a simple but typical example of group...

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Lydia Challen Tim Harrop Bank loans to corporate borrowers are often supported by guarantees from related companies.

In this article we review the principal tax issues related to the provision of such a guarantee from the creation of the guarantee until its termination through expiry release or call.

We have used for illustrative purposes a simple but typical example of group...

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: