Draft legislation counteracting avoidance involving interest relief | Practical Law
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An update about the announcement by the government on 19 March 2009, and the draft legislation subsequently published by HMRC, restricting tax relief for interest payments on loans designed to produce a guaranteed post-tax profit.
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Draft legislation counteracting avoidance involving interest relief
Practical Law UK Legal Update 2-385-3825
(Approx. 4 pages)
Draft legislation counteracting avoidance involving interest relief
by PLC Tax
Related Content
Published on 24 Mar 2009
•
England,
Wales
An update about the announcement by the government on 19 March 2009, and the draft legislation subsequently published by HMRC, restricting tax relief for interest payments on loans designed to produce a guaranteed post-tax profit.