Finance Bill: limited liability partnerships
Finance Bill: limited liability partnerships
- 2001
- Inland Revenue Press Release (78/01) 3 May 2001 (1) .
Government tables new clauses for the Finance Bill (new clauses 16 and 17) to ensure that limited liability partnerships (LLPs) are generally treated as partnerships for tax purposes and to prevent tax loss through LLPs used for property investment and investment. Information about the Limited Liability Partnerships Act 2000 and the Regulations made under that act is available at http://www.dti.gov.uk/cld/llpbill/index.htm The Explanatory Notes accompanying the New Clauses can be found at http://www.inlandrevenue.gov.uk/menus/legalmenu.htm
LIMITED LIABILITY PARTNERSHIPS
FINANCE BILL 1999
PROPERTY INVESTMENT
LIMITED LIABILITY PARTNERSHIPS ACT 2000
Government tables new clauses for the Finance Bill (new clauses 16 and 17) to ensure that limited liability partnerships (LLPs) are generally treated as partnerships for tax purposes and to prevent tax loss through LLPs used for property investment and investment. Information about the Limited Liability Partnerships Act 2000 and the Regulations made under that act is available at http://www.dti.gov.uk/cld/llpbill/index.htm The Explanatory Notes accompanying the New Clauses can be found at http://www.inlandrevenue.gov.uk/menus/legalmenu.htm
LIMITED LIABILITY PARTNERSHIPS
FINANCE BILL 1999
PROPERTY INVESTMENT
LIMITED LIABILITY PARTNERSHIPS ACT 2000