A new UK withholding tax exemption for privately placed debt | White & Case LLP International Law Firm, Global Law Practice
A new UK withholding tax exemption for privately placed debt

A new UK withholding tax exemption for privately placed debt

The Chancellor of the UK Exchequer, George Osborne, announced in the 2014 Autumn Statement on Wednesday a new targeted exemption from UK withholding tax for interest on qualifying privately placed debt. The exemption is a welcome addition to the raft of tax measures introduced by the UK Government since the announcement in 2010 of its long-term economic plan to boost British business.

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