Policy paper
Corporation Tax: the disregard and bringing into account of profit and losses on derivative contracts hedging acquisitions and disposals of shares (Regulations 2022)
This tax information and impact note is about derivative contracts used to hedge foreign exchange risks relating to acquisitions or disposals of shareholdings.
Documents
Details
This measure will have effect for companies entering into derivative contracts from 1 April 2022.
It was identified as part of the consultation on the UK funds regime to consider reforms which hold the potential to enhance the UK’s competitiveness as a location for asset management and for investment funds.
Published 9 March 2022