HM Treasury is currently considering the feedback on its consultation on sovereign immunity, including the details on design and implementation, the use of fund structures as capital gains rollup vehicles and the tax treatment of sovereigns’ UK office activities. A decision by ministers on how to proceed is expected ‘in due course’.
HM Treasury is currently considering the feedback on its consultation on sovereign immunity, including the details on design and implementation, the use of fund structures as capital gains rollup vehicles and the tax treatment of sovereigns’ UK office activities. A decision by ministers on how to proceed is expected ‘in due course’.
