Finance Bill 2008: proposed government amendments (15 May 2008) | Practical Law

Finance Bill 2008: proposed government amendments (15 May 2008) | Practical Law

On 15 May 2008, the Financial Secretary to the Treasury, Jane Kennedy, proposed amendments to the Finance Bill 2008 addressing:

Finance Bill 2008: proposed government amendments (15 May 2008)

Practical Law UK Legal Update 2-381-9619 (Approx. 7 pages)

Finance Bill 2008: proposed government amendments (15 May 2008)

by PLC Tax
Published on 20 May 2008England, Wales
On 15 May 2008, the Financial Secretary to the Treasury, Jane Kennedy, proposed amendments to the Finance Bill 2008 addressing:
1. The controlled foreign companies rules.
2. Tax credits for foreign dividends.
3. Anti-avoidance in the context of the loan relationship and derivative contract rules.
4. The "shares as debt" rules.
As these are government amendments, they are expected to be included in the final version of the Bill.