-   an amendment of the double tax relief provisions in order to align UK domestic law with the amended EC Parent-Subsidiary Directive; and -   Introducing powers to consolidate and replace the existing tax regime for collective investment schemes in regulations that will allow the Treasury to consider tailor-made rules for authorised investment funds separate from the standard regime for UK companies. EU law EU Interest and Royalty Directive – transitional period granted to Bulgaria and Romania The Treaties and related Protocols and Annexes concerning the accession of Bulgaria and Romania to the European Union as of 1 January...