The Rise Of The Reporting Funds | Pocketmags.com

Shopping Cart -

Your cart is currently empty.
Upgrade to today
for only an extra Cxx.xx

You get:

plus This issue of xxxxxxxxxxx.
plus Instant access to the latest issue of 300+ of our top selling titles.
plus Unlimited access to 26000+ back issues
plus No contract or commitment. If you decide that PocketmagsPlus is not for you, you can cancel your monthly subscription online at any time. Auto-renews at $13.99 per month, unless cancelled.
Upgrade Now for $13.99 Learn more
This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Read anywhere Read anywhere
Ways to pay Pocketmags Payment Types
Trusted site
At Pocketmags you get
Secure Billing
Great Offers
Web & App Reader
Gifting Options
Loyalty Points

The Rise Of The Reporting Funds

UK tax changes spark interest in reporting fund status

Many UK investors in non-UK funds are already keen to ensure that the shares they acquire have UK “reporting fund” status. However, two changes to the wider UK tax code mean that 2016 has seen a surge of interest from investors (including fund of funds targeting the UK market) who haven’t previously been focused on this point.

Below we take the opportunity to review the rules and explore why managers may see an upswing in investor queries on this topic.

1. Let’s re-cap: what’s an offshore fund for UK tax purposes?

The UK has specific tax rules which apply to investments in offshore (i.e. non-UK) funds. The definition of an offshore fund is complex and characteristics based, but it is usually safe to assume that a typical open-ended offshore corporate fund will be an offshore fund for these purposes.

A fund or sub-fund (in respect of an umbrella fund) if it has a single class of shares, or each class of shares where a fund or sub-fund has multiple share classes, is treated as a separate “offshore fund” if it falls within the definition.

2. So what’s the impact of the offshore funds rules on UK resident investors?

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 115 - July | August 2016
If you own the issue, Login to read the full article now.
Single Issue - Issue 115 - July | August 2016
$159.99
Or 15999 points
READ NOW
Getting free sample issues is easy, but we need to add it to an account to read, so please follow the instructions to read your free issue today.
Email Address
6 Month Digital Subscription
Only $ 170.00 per issue
$849.99
Or 84999 points

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.