Policy paper
Hybrid and other mismatches: Exemptions for regulatory capital - compliance with EU Anti-Tax Avoidance Directive
This tax information and impact note details hybrid capital and debt instruments issued by banks to overseas associates.
Documents
Details
This Tax Information and Impact Note gives information about regulations that exempt certain hybrid capital and debt instruments issued by banks and insurers to their overseas associates from counteraction under the hybrids legislation. The exemption is subject to the requirements of the EU Anti-Tax Avoidance Directive (ATAD).
Published 30 October 2019