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Tolley's Taxation of Foreign Exchange Gains and Losses

By (author) Coopers & Lybrand
Format: Paperback
Publisher: LexisNexis UK, London, United Kingdom
Imprint: Tolley Publishing
Published: 28th Feb 1995
Dimensions: h 230mm
ISBN-10: 0854598510
ISBN-13: 9780854598519
Barcode No: 9780854598519
A mass of intricate legislation has been assembled which drastically changes the basis on which foreign exchange gains and losses are taxed. For an initial period of 6 years or more, in the move from the old regulations to the new, special transitional rules will apply. This work sets out to help companies plan for the new rules and make tax returns under them. The guide: sets out the new rules in full; unravels the complexities of both the new and the old systems; identifies major pitfalls caused by the new legislation and clearly describes how to avoid them; identifies the key areas for tax planning; and features numerous worked examples.

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