UK government to advance Multilateral Trading Facilities tax exemption

The UK government on September 13 published the outcome of a public consultation on a proposed exemption from the withholding tax for interest on debt traded on platforms known as Multilateral Trading Facilities (MTF).

After reviewing the feedback,  the UK government has decided to move forward with proposing the exemption, which is designed to make UK wholesale debt markets more internationally competitive.

 

 


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