Draft legislation to prevent the use of unauthorised unit trusts and manufactured overseas dividends to abuse the rules on double taxation relief, together with explanatory notes, has been published.
Comments should be emailed by 31 December 2009 to Wayne Strangwood (for unauthorised unit trusts), tel: 020 7147 2544, or Giles Horridge (for manufactured overseas dividends), tel: 020 7147 2654.