A brief description of the form and function of a bond issue offering circular, together with a list of the standard form tax-related clauses available from Practical Law Tax for inclusion in offering circulars.
This practice note considers the basic UK tax issues that arise in typical capital markets transactions and looks at how these tax considerations impact on key transaction documents. The note also considers the tax issues that might arise for both the bondholder and the issuer in respect of bond issues with unusual features.
The trust is widely admired and recognised in many jurisdictions around the world. Although primarily used by individuals, they also have a wide variety of applications in a commercial context. This practice note provides an introduction to trusts and trustees and considers some commercial applications of trusts.