Commentary

Section C2.717A Securities in a section 104 holding—the 1998 rules

Capital gains tax
Capital gains tax | Commentary

Section C2.717A Securities in a section 104 holding—the 1998 rules

Capital gains tax | Commentary

C2.717A Securities in a section 104 holding—the 1998 rules

The legislation described in this article applied for capital gains tax purposes for transactions before 6 April 2008. See C2.717Bfor the rules applying for capital gains tax purposes for transactions on or after 6 April 2008. See C2.717 for the rules applying for corporation tax purposes.

No additions are made to the section 104 holding for acquisitions after 5 April 1998 and before 6 April 20081. Because of the abolition of indexation allowance for periods after 5 April 1998, no additions are made to the indexed pool.

Disposals of securities of a kind which would have been included in

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial