Taxation of PIK notes/eurobonds - HMRC thinks twice *

United Kingdom - October 22 2012
HM Revenue & Customs (HMRC) published a consultation document in March 2012 on possible changes to the income tax rules on interest.

North Sea oil and gas: tax break *

United Kingdom - September 10 2012
On 7 September 2012 the Government announced that it is introducing a Brown Field Allowance for companies undertaking additional development in certain older oil and gas fields in the North Sea.

Co-authors: Joe Levin.

Taxation of interest: possible changes *

United Kingdom - April 25 2012
Aspects of the taxation of interest look set to change next year following publication of a consultation by HM Revenue & Customs (HMRC).

Co-authors: Ian Piggin.

Time to revisit debt for equity swaps? The impact of new guidance from HM Revenue & Customs *

United Kingdom - November 3 2011
HM Revenue & Customs (HMRC) recently revised its guidance (again) on section 322(4) of the Corporation Tax Act (CTA) 2009.

Co-authors: Julian Pallett.