Consultations Aug-Sep 2016

A roundup of current consultations from HMRC, including tax deductibility of corporate interest expense, Double Taxation Treaty Passport (DTTP) scheme, corporation tax loss relief legislation, proposal to amend landfill tax, secondary adjustment rule into the UK’s transfer pricing legislation

Double Taxation Treaty Passport scheme review

Issue date: 26 May 2016

Closing date: 12 August 2016

This consultation will enable HMRC to review the Double Taxation Treaty Passport (DTTP) scheme to ensure that it still meets the needs of UK borrowers and foreign investors. It also seeks views on extending the scope of the DTTP scheme for sovereign investors exempt from UK tax, pension funds and other entities. http://bit.ly/1r2AQlA