martindale.com
Legal Library
|
Debt Buy-Backs - UK Taxation Change as of 14 October 2009
|
November 25, 2009
Previously published on November 2, 2009
On 14 October 2009, the UK government announced a major change to the UK tax legislation covering the buy-back of debts. This change is effective from 14 October 2009, and could therefore affect transactions which are currently being arranged or undertaken. A full ministerial statement was issued by the Financial Secretary to the Treasury on 14 October 2009, which has now been amplified by further guidance published on 21 October 2009 regarding the intended legislative changes.
|
The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
Practice Area Resource Centers
|
|
RSS | Blog | Advertising Opportunities | Legal Marketing