Commentary

C1.222 Other exempt persons

Capital gains tax
Capital gains tax | Commentary

C1.222 Other exempt persons

Capital gains tax | Commentary

C1.222 Other exempt persons

Gains realised by the following organisations and institutions are not chargeable gains and are therefore exempt from capital gains tax and corporation tax (as appropriate)1:

  1.  

    •     local authority or local authority association, see D1.201A

  2.  

    •     health service bodies, see D1.203

  3.  

    •     trustees of the British Museum (a claim must be made to HMRC for the exemption), see D1.229

  4.  

    •     trustees of the Natural History Museum (a claim must be made to HMRC for the exemption), see D1.229

  5.  

    •     scientific research associations which satisfy the conditions in CTA 2010, s 469 , see CTM41100 (a claim must

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