28 July 2008
Tax Elected Funds
The Government announced a package of proposals to enhance the competitiveness of the UK as a place for funds to locate in Budget 2008. One of key proposals was that the Government would engage with industry to consider a direct tax exemption for Authorised Investment Funds based in the UK.
This discussion paper sets out the Government's thinking on how to deliver a more competitive tax regime for Authorised Investment Funds.
The Government seeks industry views on this proposed tax framework by Wednesday 22 October 2008.
The document is 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.