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Offshore Funds Reform -- Budget 2004


by Mark Stapleton
Maria Edsall
Dechert
March 10, 2005

Previously published on May 6, 2004

The details of the proposed reforms contained in the Finance Bill 2004 have just been published. The reforms should reduce compliance burden placed on the managers of distributing offshore funds and potentially allow more funds to qualify for distributing fund status.


 

The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article 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.




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