United Kingdom - Tax Avoidance on Debt Buy-Backs and Authorized Investment Funds
- United Kingdom
- C. Lallemand
- Derivatives & Financial Instruments, 2012 (Volume 14), No 3
- 7 May 2012
Recent changes to legislation have closed two tax avoidance arrangements involving debt buy-backs and authorized investment fund income. This article describes the measures put in place to deal with the tax avoidance arrangements, but discusses debt buy-backs in more detail, as the measures could potentially affect transactions whose main purpose is not tax avoidance.