CFM9050 - Taxing FOREX: history

Introduction

This guidance describes the post-FA2002 taxation of loan relationships, derivative contracts and forex

The following pages provide a history of the FOREX tax legislation.

Contents

CFM9051A history of the FOREX legislation showing why it was needed
CFM9055An overview of the FA 1993 legislation
CFM9060An overview of the new rules in FA 2002