British tax service revokes Moscow ExchangeТs recognized status - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

British tax service revokes Moscow ExchangeТs recognized status

LONDON, May 5 (PRIME) -- Her Majesty's Revenue and Customs (HMRC), the British tax service, has revoked the Moscow ExchangeТs status of a recognized bourse, the service said in a statement on Thursday.

УFrom May 5, 2022, the designation of the Moscow Exchange (formerly MICEX Stock Exchange) as a recognized stock exchange has been revoked,Ф the statement read.

The status of a recognized stock exchange allows the securities on these exchanges to use tax preferences. Any investment done on the Moscow Exchange after Thursday will not be considered as an investment done on a recognized stock exchange, while investment done before Thursday will still be eligible for the tax preferences.

The Moscow Exchange was recognized by the HMRC on January 5, 2011.

End

05.05.2022 12:33
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul