Proceeding contribution from John Healey (Labour) in the House of Commons on Monday, 13 June 2005. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.
Finance Bill
The principle is clear and well established. When lending is done on an at arm’s-length basis, the rules do not apply. We are extending the rules in the schedule because some professional advisers are now promoting ways for companies to work around the existing rules and we need to ensure that that will not happen again. I hope that the hon. Gentleman will withdraw the amendments.
Secondary information
- Type
- Proceeding contribution
- Reference
- 435 c88
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Complaints Disclosure of information Admissions Charities Companies Corporation tax Charitable donations Finance EU law Investment Exemptions Interest payments Gift aid Ownership Museums and galleries Property Loans Open ended investment companies Small businesses Tax avoidance Taxation Transfer pricing Financial Ombudsman Service National Savings and Investments Collective investment schemes
- Legislation
- Finance Bill 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-16 21:53:53 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_251881
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