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 the context of the listing of Eurobonds on the Channel Islands Stock Exchange (CISX) it is our...
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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 the context of the listing of Eurobonds on the Channel Islands Stock Exchange (CISX) it is our...
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:
