A round up of other news this week.
M&A Matters is our collection of the latest topical tax updates shaping the M&A sector today. Whether you are a private equity fund, an institutional investor, or just interested in our perspective on the mergers and acquisitions landscape, we aim to provide trusted insight into the issues affecting the M&A ideas of today. The latest edition includes articles on hybrid capital instruments, the key changes in the tax treatment of UK property businesses after 6 April 2020 and VAT on acquisition costs as well as updates on topical M&A tax issues in Italy, Luxembourg and the US.
There was an historic drop in UK retail sales in March 2020 according to the BRC-KPMG Retail Sales Monitor as measures were taken to address COVID-19, with total sales decreasing by 4.3 percent in the five weeks to 4 April 2020.
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