James McCredie

Aug 26, 2024 | lexology.com | Damien Crossley |James McCredie |Sophie Donnithorne-Tait |Alicia Thomas |Joe Robinson |Mark Baldwin | +2 more

Reforming carried interestmacfarlanes.com 2 IntroductionPrivate capital is of significant and growing importance to the UK, both as a source of vital investment for UK projects but also as an industry that is itself a key component of the UK's financial services sector. Currently, London is second only to New York as the world's leading private capital hub.

Apr 16, 2024 | lexology.com | James McCredie

This note is intended to give an overview of the key differences between the UK and the US approaches to the taxation of carried interest and potential issues which arise for UK residents who are also US taxpayers. This is not intended to be a comprehensive guide to the rules in either case and specific advice should always be sought, but it highlights some points to watch out for.

Apr 12, 2024 | macfarlanes.com | James McCredie

This note is intended to give an overview of the key differences between the UK and the US approaches to the taxation of carried interest and potential issues which arise for UK residents who are also US taxpayers. This is not intended to be a comprehensive guide to the rules in either case and specific advice should always be sought, but it highlights some points to watch out for.

Oct 31, 2023 | mondaq.com | James McCredie |Rhiannon Kinghall Were

ATAD 3, also known as the Unshell directive, is an EU measure that will impose minimum substance requirements for holding companies. This had stalled, and while there has been renewed optimism (or despair, depending on your perspective) now that Spain have taken over the EU Council Presidency and have expressed a commitment to pull it back out of the long grass, there are reports the directive is unravelling.

Oct 27, 2023 | lexology.com | James McCredie |Rhiannon Kinghall Were

ATAD 3, also known as the Unshell directive, is an EU measure that will impose minimum substance requirements for holding companies. This had stalled, and while there has been renewed optimism (or despair, depending on your perspective) now that Spain have taken over the EU Council Presidency and have expressed a commitment to pull it back out of the long grass, there are reports the directive is unravelling.