Substantial Shareholdings Exemption

Substantial Shareholdings Exemption (SEE) definition

/səbˈstanʃ(ə)l/ /ˈʃɛːhəʊldɪŋ/ /ɪɡˈzɛmpʃn/

What does Substantial Shareholdings Exemption mean?

An exemption (also called SSE) from corporation tax on chargeable gains for certain share disposals by companies. The shares being disposed of must represent at least a 10% stake in the company, they must have been held for at least a year and the company must be trading (or be the holding company of a trading group).

Substantial Shareholdings Exemption explained

These conditions are relaxed for institutional investors. The exemption does not apply to individuals or other non-corporates. It applies automatically, without the need for a claim and it is not limited to disposals of shares in UK resident companies.

Variances

SEE
Substantial Shareholding Exemption

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