Blackrock fails appeal to cut tax bill on £10.8bn Barclays deal
@cityam - 2024-04-11T15:23:41.000Z

The Blackrock Group has lost an appeal to reclaim tax from HM Revenue and Customs (HMRC) on its 2009 $13.5bn (£10.8bn) acquisition of Barclays Global Investors. The asset manager’s structure Blackrock Holdco 5, LLC was used to acquire the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009. At []

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Bill phasing out corporate income tax, tax credits in hands of Missouri Senate