Manufactured Overseas Dividends (PDF 27K)
HMRC has issued, for informal consultation, draft regulations
to facilitate stock lending of overseas securities via central counterparties.
Investment trusts - Technical Note
HMRC has issued, for informal consultation, draft regulations which
deal with the approval of companies as investment trusts and the
treatment of transactions entered into by investment trusts.
Draft amendments relating to offshore funds that operate equalisation arrangements Draft legislation to amend The Offshore Funds (Tax) Regulations 2009.
Debt Cap (PDF 18K) Draft regulations to adjust the available amount for a mismatch between the accounts amount and tax amount have been published for external comment.
Bank Levy Draft legislation covering HM Revenue & Customs collection and management of the Bank Levy, along with explanatory notes and a supporting technical note, have been issued following the Written Ministerial Statement by the Financial Secretary to the Treasury on 21 October 2010.
Debt Cap Draft regulations extending the categories for available amount in section 332 TIOPA 2010 have been published for external comment.
Loan relationships and derivative contracts: group mismatches Proposals for changes to the Corporation Tax rules on loan relationships and derivative contracts to counter avoidance schemes using group mismatch arrangements.
Loan relationships and derivative contracts: derecognition Proposed changes to the loan relationships and derivative contracts rules on amounts not fully recognised for accounting purposes.
Loan relationships and derivative contracts - changes in accounting standards Draft legislation relating to changes in Corporation Tax rules on loan relationships and derivative contracts arising from proposed amendments to International Accounting Standard 39.
Rules on manufactured payments (Opens new window) Draft legislation and explanatory note relating to manufactured payments as announced in a written ministerial statement by the Financial Secretary to the Treasury on 9 February 2010 is now held on the National Archive website.
Rules on debt buy backs (Opens new window) Draft clauses for Finance Bill 2010 setting out amendments to the Loan Relationships legislation in Part 5 of the Corporation Tax Act 2009 (CTA) relating to the tax rules where companies buy back debt they have issued is now held on the National Archive website.
Action to prevent avoidance of tax by individuals and companies (Opens new window) FST announce new rules that will prevent sideways relief and capital gains relief ('sideways loss relief') from being given for a loss from a trade, profession or vocation where the loss arises from tax avoidance arrangements is now held on the National Archive website.
