HMRC has updated its guidance Elect an offshore collective investment vehicle for tax transparency on UK capital gains’ to cover information needed to make a transparency election and what happens after an election has been made, including the requirement for the fund to complete an annual partnership return showing the amount on which each partner is chargeable to tax on chargeable gains.
HMRC has updated its guidance Elect an offshore collective investment vehicle for tax transparency on UK capital gains’ to cover information needed to make a transparency election and what happens after an election has been made, including the requirement for the fund to complete an annual partnership return showing the amount on which each partner is chargeable to tax on chargeable gains.