UK closes PE tax "loophole"BY CHRIS NICHOLLS | MONDAY, 15 OCT 2007 10:06AMBritish Prime Minister Gordon Brown has proposed scrapping the so-called taper relief on capital gains tax - closing a loophole used by private equity firms in the UK for the past decade to pay as little as 10 per cent tax. |
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
