Finance Bill 2009: new anti-avoidance clause on terminal losses to be added | Practical Law

Finance Bill 2009: new anti-avoidance clause on terminal losses to be added | Practical Law

An update on the government's announcement that a further clause will be added to the Finance Bill to counter a tax avoidance scheme involving terminal losses.

Finance Bill 2009: new anti-avoidance clause on terminal losses to be added

Practical Law UK Legal Update 8-386-1568 (Approx. 3 pages)

Finance Bill 2009: new anti-avoidance clause on terminal losses to be added

by PLC Tax
Published on 26 May 2009England, Wales
An update on the government's announcement that a further clause will be added to the Finance Bill to counter a tax avoidance scheme involving terminal losses.