The Association of Investment Companies (AIC) has responded to HM Treasury’s review of the UK funds regime with calls for the removal of stamp duty for investment companies.
HM Treasury's call for input seeks views on issues across tax and regulation as part of its review of the UK funds regime. The HM Treasury's ‘Review for the UK funds regime: a call for input' was published in on 26 January 2021. The review started with a consultation of the tax treatment of asset-holding companies in alternative fund structures, to which the government responded in December 2020. 'Build back better': HM Treasury-led taskforce's 20 recommendations for asset managers AIC chief executive Ian Sayers said: "We have recommended that HM Treasury remove stamp duty and stam...
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