Executive summary
The United Kingdom (UK) Asset Holding Company (AHC) regime will be introduced from 1 April 2022 in order to provide a simplified basis of taxation for the holding companies of alternative investment funds (funds). This is part of a wider reform of the corporation tax regime for funds which aims to allow taxpayers to align their legal structures with the operational substance based commonly in London.
On 4 November 2021, the most recent draft of the proposed AHC legislation was r…