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Draft Finance Bill 2016—taxation of corporate debt and derivative contracts

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Published on: 29 January 2016

Published by a LexisNexis Tax expert

Table of contents

Original news
What changes will the Finance Bill 2016 make to the rules for the taxation of corporate debt and derivative contracts?
Broadly, what is the aim of making these changes? Will they achieve those aims?
These three changes come at the back end of the process to update the UK’s debt and derivative rules that has taken almost three years—is this the end?
Where do we stand now? Has the process met the aims set out in the 2013 consultation?
How should impacted taxpayers and their advisers be preparing for the introduction of the new rules?

Article summary

Tax analysis: Jeremy Cape, partner, and Julian Feiner, associate, at Dentons consider changes to taxation of corporate debt and derivative contracts contained in the Finance Bill 2016.

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