Tax Efficient Foreign Exchange Management

This practical book is written by an internationally renowned expert, who guides the reader through the pitfalls, explaining clearly and concisely the foreign exchange consequences of trading transactions, how to cover longer-term exposures, the tax treatment of interest, the problems caused by the rapidly developing financial instruments which outplace tax legislation and the opportunities to be exploited. The United Kingdom, the United States and Canada are given special coverage highlighting their tax issues as are individual countries from continental Europe, Australasia and the Far East.

Tax Efficient Foreign Exchange Management will be invaluable reading for all finance directors, treasurers, corporate planners, bankers, accountants, tax practitioners, lawyers and anyone concerned with managing foreign exchange transactions tax efficiently.

JOHN F. CHOWN is the founder of JF Chown & Co., Ltd. and is also a Director of Fixed Income Research and Management, Ltd. An active writer and lecturer on taxation and international finance, he is coeditor of the Journal of Strategy in International Taxation and for many years was the contributer to the Financial Times, and to a regular column, Taxation and the Investor. Chown is co-founder and Executive Committee member of the Institute for Fiscal Studies, and also serves on the UK branch of the International Fiscal Association, the tax committee of the Institute of Directors and the technical committee of the Association of Corporate Treasures.