Syndicated loan and Taxable profits: Difference between pages

Revision as of 11:42, 18 October 2014

UK tax.

Taxable profits are a company's total taxable income and gains.

Taxable trading profits include:

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-A loan from a number of different lenders acting together.
+''UK tax.''
-The lenders form a syndicate and the borrower borrows from the syndicate.
+Taxable profits are a company's total taxable income and gains.
+Taxable trading profits include:
+*Taxable trading profits
+*Chargeable gains
+*Loan relationship income
-Historically the lenders were normally banks, acting through an 'agent bank'.
-More recently some 'non-banks', notably hedge funds or pension funds, will also be parties to syndicated loans – in the primary market for sub-investment grade and, in the secondary market more widely too.
+==See also==
+* [[Chargeable gain]]
+* [[Corporation Tax]]
+* [[Loan relationship income]]
+* [[Taxable trading profits]]
-Non-bank lenders are particularly attracted to fully drawn, often fixed rate tranches of a loan rather than revolving or stand-by tranches.
+[[Category:Accounting,_tax_and_regulation]]
-Three types of syndicated loan deal are:
-# An [[underwritten deal]]
-# A [[best-efforts deal]]
-# A [[club deal]]
-== See also ==
-* [[Agent bank]]
-* [[Arrangement fee]]
-* [[Bilateral]]
-* [[Foreign bond]]
-* [[Loan Market Association]]
-* [[Tranche]]
-==Other links==
-* [http://www.treasurers.org/loandocumentation Commentary] by The [[Association of Corporate Treasurers]] on syndicated loan negotiation and documentation
-[[Category:Long_term_funding]]