Commentary

D4.601 Issue of securities

Corporate tax
Corporate tax | Commentary

D4.601 Issue of securities

Corporate tax | Commentary

Division D4.6     Inter-American Development Bank

For updates affecting this Division please see Part D0 Updates

Available tax exemptions

D4.601 Issue of securities

Various tax exemptions are given to non-residents in respect of securities issued by the Inter-American Development Bank, as a necessary preliminary to the accession of the UK to that organisation. The provisions took effect on the date on which the UK became a member of the Inter-American Development Bank.

Income arising from securities issued by the Inter-American Development Bank is exempt from income tax when arising to persons not resident in the UK if they would otherwise be liable only

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