Philip Anderson

Oct 31, 2024 | cms.law | Nick Burt |Philip Anderson |Lauren Alder |Jaspal Pachu

Home / Publications / Autumn Budget 2024 - carried interest reform In line with its election manifesto the new Labour government will amend the tax treatment of carried interest.From 6 April 2025 until 5 April 2026 there will be an interim increase in the special capital gains tax (“CGT”) rate for carry from 28% to 32%.From... Read more

Mar 23, 2024 | duluthnewstribune.com | Philip Anderson

Many people in Duluth are appalled by Israel's ongoing massacre of innocent civilians in Gaza and the West Bank. Many Duluth residents are standing up to oppose this genocide and to call for a permanent ceasefire in Gaza. A coalition of citizens and organizations has been organizing public events to rally support for a ceasefire.

Jan 25, 2024 | duluthnewstribune.com | Philip Anderson

As of this writing, 24,762 people — two-thirds women and children — have been killed and 62,108 wounded in Gaza. Another 2 million people have been displaced and lack food, water, medicine, and shelter. Little humanitarian aid is being allowed into Gaza. The revised deaths for Hamas' Oct. 7 attack stands at 1,139. Israel's disproportionate and vengeful attacks are laying waste to Gaza. This has raised charges of genocide in the International Court of Justice. It raises questions we should be asking.

Jan 1, 2024 | cms.law | Christopher Luck |Philip Anderson |Rebecca Quinn

This Back to Basics note follows our key concepts briefings, which intend to provide high-level insights regarding funds fundamentals, funds vehicles and operational considerations, available here: https://cms.law/en/int/publication/cms-funds-group-back-to-basics-briefings. In this Back to Basics, we look at UK Real Estate Investment Trusts (“REITs”), including their requirements, benefits and growing use for fund structures and investment by institutional-type investors in UK real estate.

Aug 9, 2023 | lexology.com | Philip Anderson |Anna Burchner

Due to the fact that the tax year in the UK is ‘shifted’ from the calendar year, certain provisions will enter into force throughout the course of 2024. More details are set out in our previous articles but investors will have to take into consideration the following changes. Residence test and treaty benefitsArticle 4 of the Treaty updates the tax residence test for entities.