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David White, Director, McGrigors LLP, considers a recent HMRC Brief in the context of Eurobond listings on CISX1

 
David White Director McGrigors LLP considers a recent HMRC Brief in the context of Eurobond listings on CISX1
The quoted Eurobond exemption and recognised stock exchanges
 
As HMRC continues to tighten the screws on anything resembling tax planning it is tempting to be cynical about any changes to tax law. With this in mind many reading the recent HMRC Brief 21/08 issued on 7 April 2008 will have had cause to consider whether Eurobonds listed by them continue to qualify for the quoted Eurobond exemption. For once it seems that this is a false alarm. In...

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