ARTICLE · 24 NOVEMBER 2016

See Both Sides: Deloitte's Coverage Of Autumn Statement 2016

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It was announced that the government will modernise the corporate streaming rules in a way which allows exempt investors to obtain credit for tax suffered at the level of the authorised investment fund.

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COMMENTARY

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The most popular phrases tweeted during Philip Hammond's 2016 Autumn Statement speech.

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The most popular phrases during Philip Hammond's 2016 Autumn Statement speech.

BUSINESS MEASURES

Authorised investment funds – dividend distributions

The measure

Following several consultations, it was announced today that the government will modernise the corporate streaming rules in a way which allows exempt investors, such as pension funds, to obtain credit for tax suffered at the level of the authorised investment fund.

Who will be affected?

Exempt investors such as pension funds.

When?

Proposals will be published in draft secondary legislation in early 2017.

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