Below are details of the amendments that were published on 15 June 2007 (see the update index for all updates)
| Section | Details of update |
| LLM2170 | Syndicate accounts:
taxation: transfer pricing
Includes details of a memorandum agreed between HMRC and Lloyd’s about the practical application of the new UK to UK transfer pricing legislation in the Lloyd’s Market |
| LLM4020 | Corporate members:
accounts: introduction
Makes clear that the 2005 Statement of Recommended Accountacy Practice issued by the Association of British Insurers is now final so that from 1 January 2005 Lloyd's main financial reporting regime moved from three-year funded accounting to annual accounting and Lloyd's corporate members all use the annual basis from that date |
| LLM7100 | Double taxation relief:
corporate members: Regulations: outline
One of nine new pages about double taxation relief for corporate members |
| LLM7110 | Double Taxation Relief:
corporate members: Regulations: calculating the foreign tax pool:
”correspondence” between accounting periods and foreign
periods of accounting
One of nine new pages about double taxation relief for corporate members |
| LLM7120 | Double Taxation Relief:
corporate members: Regulations: calculating the foreign tax pool:
adjustments of foreign amounts of tax
One of nine new pages about double taxation relief for corporate members |
| LLM7130 | Double Taxation Relief:
corporate members: Regulations: calculating the foreign tax pool:
the amount of the pool
One of nine new pages about double taxation relief for corporate members |
| LLM7140 | Double Taxation Relief:
corporate members: Regulations: calculating the foreign tax pool:
foreign tax adjustments
One of nine new pages about double taxation relief for corporate members |
| LLM7150 | Double Taxation Relief:
corporate members: Regulations: calculating the foreign tax pool:
transitional arrangements
One of nine new pages about double taxation relief for corporate members |
| LLM7160 | Double Taxation Relief:
corporate members: Regulations: how relief is given
One of nine new pages about double taxation relief for corporate members |
| LLM7170 | Double Taxation Relief:
corporate members: Regulations: foreign measure of profit
One of nine new pages about double taxation relief for corporate members |
| LLM7180 | Double Taxation Relief:
corporate members: pre-pooling rules
One of nine new pages about double taxation relief for corporate members |
| Glossary | Definition of takaful has been added |
