Revised draft legislation on derecognition of loan relationships and derivatives | Practical Law

Revised draft legislation on derecognition of loan relationships and derivatives | Practical Law

HMRC published revised draft legislation to block schemes that take advantage of the loan relationships and derivative contracts rules on amounts not fully recognised for accounting purposes on 6 December 2010.

Revised draft legislation on derecognition of loan relationships and derivatives

Practical Law UK Legal Update 2-504-1481 (Approx. 4 pages)

Revised draft legislation on derecognition of loan relationships and derivatives

by PLC Tax
Published on 07 Dec 2010England, Wales
HMRC published revised draft legislation to block schemes that take advantage of the loan relationships and derivative contracts rules on amounts not fully recognised for accounting purposes on 6 December 2010.