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Consultations & legislation
16 December 2008
The Government is today publishing "Investment trust companies: next steps" which contains detailed proposals to deliver a new tax regime to enable Investment Trust Companies to invest in interest bearing assets tax efficiently.
These proposals follow the package of measures to improve asset management taxation which were announced in Budget 2008 and the discussion paper which was published in July 2008. The Government is grateful for the comments from interested parties on that discussion paper. As the next step in the process, the paper published today includes a summary of responses to the discussion paper and draft regulations on which comments are invited.
The Government seeks industry's views on the draft regulations by Wednesday 11 February 2009.
The documents are available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
