UK Bank Escapes Tax On Loan Interest Under US Treaty

By David Hansen · September 27, 2022, 3:15 PM EDT

HM Revenue & Customs can't impose £4.5 million ($4.8 million) in taxes on interest a Japanese-parented U.K. bank earned from a loan to a U.S. subsidiary, a U.K. tribunal ruled, saying...

To view the full article, register now.