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| Author: | Blanden, M. |
| Title: | Here comes the cavalry |
| Journal: | Banker
1990 : DEC, VOL. 140:778, p. 19-20 |
| Index terms: | SECURITIES TAXATION STOCK EXCHANGES |
| Language: | eng |
| Abstract: | Assessment of expected upswing in London securities lending on international markets. Possible US competition. The closely regulated London market. The question of tax evasion. How tax inhibits London as a world centre for lending. Question of manufactured dividends. Attitude of Inland Revenue. Various issues involved. Role of the stock exchange as a money broker. Boxes cover: the new proposals and Group of 30 report. |
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