HMRC has published draft secondary legislation making alterations to The Authorised Funds (Tax) Regulations 2006, SI 2006/964, to permit AIFs with holdings in non-reporting offshore funds to treat those holdings as if they were holdings in reporting funds in certain circumstances.
Comments are invited by 6 December 2010: see www.lexisurl.com/EbIAG.
HMRC has published draft secondary legislation making alterations to The Authorised Funds (Tax) Regulations 2006, SI 2006/964, to permit AIFs with holdings in non-reporting offshore funds to treat those holdings as if they were holdings in reporting funds in certain circumstances.
Comments are invited by 6 December 2010: see www.lexisurl.com/EbIAG.