Commentary

D7.448 Gains from venture capital investment partnerships ('VCIPs')

Corporate tax
Corporate tax | Commentary

D7.448 Gains from venture capital investment partnerships ('VCIPs')

Corporate tax | Commentary

D7.448 Gains from venture capital investment partnerships ('VCIPs')

Historically the gains accruing to a life insurer on its holdings in venture capital investment partnerships ('VCIP') were calculated in the same way as any gains on partnerships1. It was often difficult to calculate these gains, because they were dependent on information in accounts that were either slow in production or not always readily available particularly if the partnership operated overseas so legislation was introduced to address these problems.

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial