Authorised Contractual Schemes
In an attempt to ensure that the UK offers a competitive fund jurisdiction, HM Treasury and the FSA recently published Consultation documents concerning authorised contractual schemes. With these new...
View ArticleAuthorised Contractual Schemes – Update
The Government provided an update on the consultation process for the proposed new authorised contractual schemes (or tax transparent funds) on 29 June 2012. The Government invited comments on the...
View ArticleFATCA – Model Intergovernmental Agreement Published Today
Today, the Treasury published the Model Intergovernmental Agreement on FATCA. Back in February this year, a joint statement was made between the US and the UK, Germany, France, Italy and Spain,...
View ArticleFFW Publishes FATCA Briefing
This week, I spoke about the latest developments on FATCA at a conference organised by the firm at the Grocers’ Hall and attended by around 100 representatives of our Funds Group clients. We have also...
View ArticleChanges in relation to funds taxation
Today’s Budget has introduced two changes in relation to funds taxation, the first of which is major. The Government has abolished stamp duty on funds in today’s Budget. This has removed a major...
View ArticleFATCA – International Bar Association Conference
The International Bar Association’s 24th Annual Conference on the Globalisation of Investment Funds took place between 9 and 11 June. I was invited to speak on the latest developments in the UK on...
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