Further topics in the current edition of our Fund News include details on the objectives and most significant changes regarding Spanish Law 31/2011 on Collective Investment Schemes (which has now entered into force), the proposal of HM Treasury regarding the introduction of UK tax transparent funds (TTF) as well as recent changes of the Non-Residents Income Tax in Spain.
In the final article, we inform you on the revised proposals of the UK Accounting Standards Board (ASB) covering the accounting standards in the UK. As usual, at the end of each article we include links to pages with further information.
We wish you an interesting reading.