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Court of Appeal holds that bonds with euro conversion are QCBs (HMRC v Trigg)

Published on: 22 January 2018
Published by: LexisPSL
  • Court of Appeal holds that bonds with euro conversion are QCBs (HMRC v Trigg)
  • What are the practical implications of this case?
  • What was the background?
  • First-tier Tax Tribunal
  • Upper Tribunal
  • What did the Court of Appeal decide?
  • Case details

Article summary

Tax analysis: In HMRC v Trigg, the Court of Appeal reversed the decision of the Upper Tribunal (UT) by holding that euro conversion clauses did not prevent the taxpayer’s sterling denominated bonds from being qualifying corporate bonds (QCBs). or take a trial to read the full analysis.

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