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Reap What You Sow – UK’s Unallowable Purpose Rule Considered Again

JD Supra: Mergers

In Syngenta Holding Limited v HMRC [2024] UKFTT 998 (TC) (Syngenta), the UKs First-tier Tribunal (FTT) denied a deduction for interest on an intra-group loan on the basis that the loan had an unallowable purpose for the purposes of section 411 of the Corporation Tax Act 2009 (CTA 2009).

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UK corporate venture capital firms by sector

Growth Business

In sectors such as cleantech and fintech, there are large corporates with their own venture capital arm looking to invest in disruptive start-ups. Here, we list active UK corporate venture capital (CVC) firms by sector focus – including cleantech, fintech and deep tech – and how much they invest in each company.

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Cisco’s grantee and investee partners share what they look forward to most at Climate Week NYC

Cisco: M&A

Climate Week NYC , one of the largest annual climate events since 2009, brings together international leaders from business, government, and civil society to showcase global climate action. This… Read more on Cisco Blogs

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Active UK corporate venture capital firms

Growth Business

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Corporate venture capital is venture capital supplied by large corporates to high-growth start-ups. The likes of Google, BP and Unilever all have their own CVC divisions backing UK-based companies within their industries.

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Default and recovery statistics: Sovereign and sovereign-guaranteed lending (1984-2023)

European Investment Bank

The Global Emerging Markets Risk Database (GEMs) Consortium was established in 2009 as a joint initiative between the European Investment Bank and the International Finance Corporation to pool credit risk data.

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ICX Helps Identify Legal Uncertainties of Solvency II Directive through Financial Markets Law Committee Pape

Shearman & Sterling

The Directive 2009/138/EC aims to harmonize European insurance regulation, primarily the capital that companies must hold.

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Default and recovery statistics: Private and public lending 1994-2023

European Investment Bank

The Global Emerging Markets Risk Database (GEMs) Consortium was established in 2009 as a joint initiative between the European Investment Bank and the International Finance Corporation to pool credit risk data.