Remittance basis: business investment relief | Practical Law

Remittance basis: business investment relief | Practical Law

A practice note about the Finance Act 2012 measure which created a tax relief for foreign income or capital gains brought to the UK by a remittance basis taxpayer for the purpose of making a commercial business investment in an unlisted company or a company listed on an exchange-regulated market (such as AIM).

Remittance basis: business investment relief

Practical Law UK Practice Note 8-517-0762 (Approx. 40 pages)

Remittance basis: business investment relief

MaintainedUnited Kingdom
A practice note about the Finance Act 2012 measure which created a tax relief for foreign income or capital gains brought to the UK by a remittance basis taxpayer for the purpose of making a commercial business investment in an unlisted company or a company listed on an exchange-regulated market (such as AIM).