Tax Law Rewrite update
HMRC have issued two response documents summarising comments received on the draft Corporation Tax Bill and the draft Taxation (International and Other Provisions) Bill which were published for consultation during March 2009.
The response documents broadly follow the format of the draft Bills and cover substantive technical points made in written responses by professional bodies, accountancy firms and individuals. Minor grammatical and other errors are not included in the documents but have been taken into account.
The comments received will result in the redrafting of a number of clauses in both draft Bills.