Commencing our series on capital gains relief, Elizabeth Burnett, Corporate Tax Group, Macfarlanes, discusses some traps for advisers considering the substantial shareholding exemption
Commencing our series on capital gains relief Elizabeth Burnett Corporate Tax Group Macfarlanes discusses some traps for advisers considering the substantial shareholding exemption
The substantial shareholding exemption (SSE) was introduced in 2002 as part of a package of reforms introduced to make Britain a tax-favourable place for multinational corporations. If a disposal is within the SSE conditions any gain accruing to the disposing company (the 'investing company') on a disposal of shares forming part of a substantial shareholding in the 'company invested in' is not chargeable to UK corporation tax. However the conditions that must be met in order for the SSE to be available are complex and...
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Commencing our series on capital gains relief, Elizabeth Burnett, Corporate Tax Group, Macfarlanes, discusses some traps for advisers considering the substantial shareholding exemption
Commencing our series on capital gains relief Elizabeth Burnett Corporate Tax Group Macfarlanes discusses some traps for advisers considering the substantial shareholding exemption
The substantial shareholding exemption (SSE) was introduced in 2002 as part of a package of reforms introduced to make Britain a tax-favourable place for multinational corporations. If a disposal is within the SSE conditions any gain accruing to the disposing company (the 'investing company') on a disposal of shares forming part of a substantial shareholding in the 'company invested in' is not chargeable to UK corporation tax. However the conditions that must be met in order for the SSE to be available are complex and...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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