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UK HMRC Intends to Revoke Moscow Stock Exchange's Recognised Status

21 April 2022

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Proposed Changes

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United Kingdom

UK HMRC has announced its intention to revoke Moscow Stock Exchange’s recognised status, which will mean that investors will not be able to access certain UK tax benefits when trading securities on the exchange, although existing investments will be protected. In connection with this, a two-week consultation has been launched on the draft revocation order. --- UK to revoke Moscow Stock Exchange’s recognised status HMRC announces intention to revoke the Moscow Stock Exchange’s status as a recognised stock exchange. The UK’s tax authority, HM Revenue and Customs (HMRC), has today (19 April 2022) announced its intention to revoke the Moscow...