Taxation of Loan Relationships and Derivative Contracts 9th ed

Taxation of Loan Relationships and Derivative Contracts 9th ed has been comprehensively revised, updated and re-written in light of the Tax Law Rewrite and recent major changes that have significantly affected the day-to-day work of a corporate tax adviser.

The new edition of this well-established work offers comprehensive coverage of all aspects of the taxation of loan relationships and derivative contracts, with particular emphasis placed on providing worked examples and planning guidance.

It covers:-

• retrospective provisions in Finance Bill 2012 dealing with debt buy-backs
• loan relationships, derivative contracts, securities taxation
• IAS 32/39 and FRS 25/26
• loan relationships under IAS
• impairment losses and connected company rules
• the derivative contracts rules
• bifurcation of convertibles
• transfer pricing- domestic and international
• the disregard rules on tax hedging
• the worldwide debt cap
• matching and functional currencies
• reorganisations, reconstructions and mergers
• new stock lending and repo rules
• anti-avoidance rules

David Southern is a practising barrister at Temple Tax Chambers, 3 Temple Gardens, and is Visiting Professor and Director of the School of Tax Law at the Centre for Commercial Law Studies, Queen Mary, University of London.