18 May 2016 UK releases new consultation on tax deductibility of corporate interest expense HM Treasury and HM Revenue & Customs (HMRC) released a further consultation on May 12, regarding the tax deductibility of corporate interest expense. This new consultation seeks input on the detailed design of the new rules for the purposes of drafting legislation to be included in Finance Bill 2017. Responses are sought by August 4. Document ID: 2016-0887 |