New UK Withholding Tax Exemption Set to Boost the UK Private Placement Market
By Sonia Girgis and Trevor James Morrison & Foerster – On 4 December, George Osborne in his Autumn Statement, announced a new UK withholding tax exemption for interest payments on UK private placements. The announcement was followed by draft legislative clauses with the Finance Bill 2015, released yesterday. The new exemption will mean that UK corporate borrowers
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