Proceeding contribution from Baroness Wilcox (Conservative) in the House of Lords on Monday, 19 March 2012. It occurred during Debates on delegated legislation on Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012.
Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012
My Lords, I agree that it is a complicated subject—it is complicated to read. Consistency in regulation is essential if we are to provide a framework for companies to operate within and thrive. These regulations remove conflicting regulatory requirements between the Companies Act and corporation tax rules. In answer to the question asked by the noble Lord, Lord Razzall, 320 investment companies are UK-domiciled. He is correct that we do not know how many companies are registered abroad. I am afraid that is the answer that I can give at the moment, but if the noble Lord wishes to take this up with me—
Secondary information
- Type
- Proceeding contribution
- Reference
- 736 c92GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Company law Companies Corporation tax Investment Taxation
- Legislation
- Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 21:02:29 +0000
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