Silicon Valley Bank: tax issues for UK clients

News of HSBC's acquisition of Silicon Valley Bank UK (SVB UK) has brought huge relief to the UK tech community and wider economy – quite possibly the optimal result in the circumstances following the Bank of England's announcement of a likely insolvency procedure on Friday 10 March.

Filed under:
United Kingdom, Banking, Insolvency & Restructuring, Litigation, Tax, Taylor Wessing, Insolvency, HM Revenue and Customs (UK), HSBC, Silicon Valley Bank
Authors:
Graham Samuel-Gibbon , Sally Robertson
Location:
United Kingdom
Firm:
Taylor Wessing