HyBrids: Making Sense of the Draft Guidance


James Ross wrote this bylined article about the UK government’s draft guidance on the hybrid mismatch rules, calling it “disappointing that the draft guidance for the most part simply paraphrases the legislation and does not offer much in the way of insight or clarity on several points of concern to practitioners.” Mr. Ross expressed the hope that final guidance “will offer more certainty; until then, taxpayers should proceed with caution.”