The UK tax opportunity and threat
Tax
If proposed capital gains tax (CGT) changes are passed into law in the UK in April 2008, retail investors could well turn their backs on products that are subject to income tax and instead direct their money towards investments governed by CGT. Structured products issuers have greeted the planned tax changes with a distinct lack of enthusiasm. If investors divert significant funds into CGT products in an attempt to minimise their tax liability, HM Revenue & Customs (HMRC) could be moved to
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