Updated: Public feedback section updated with three attachments.
The white list provides certainty that specified transactions will not be treated as trading activities and also acts to determine the types of investment transactions that may qualify for the investment manager exemption.
The Government announced at Budget 2013 that it would consult on proposals to expand the white list. HM Revenue & Customs (HMRC) are asking for views on the scope of the extension.
HMRC would like to hear in particular from tax practitioners, fund managers, representative bodies, administrators and other interested parties.