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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01391174: Treat (DS10)

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This document addresses UK tax treatment of a fund. HM Revenue & Customs will not treat the fund as a separate taxable entity for UK income and capital gains tax purposes, indicating the fund receives pass-through tax treatment rather than entity-level taxation.

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HM Revenue & Customs will not **treat** the Fund as a separate taxable entity for UK income and capital gains tax purposes.

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