Commentary

C3.1908 CGT no gain/no loss disposals

Capital gains tax
Capital gains tax | Commentary

C3.1908 CGT no gain/no loss disposals

Capital gains tax | Commentary

C3.1908 CGT no gain/no loss disposals

Various other types of disposals are deemed to give rise to neither a gain nor a loss, as follows:

  1.  

    •     disposals between spouses or civil partners1 (see C1.202)

  2.  

    •     deemed disposals of settled property which reverts to the settlor on the death of the person entitled2 (see I5.1010)

  3.  

    •     company reconstructions3 (see D6.450)

  4.  

    •     transfers within a group4 (see D2.311)

  5.  

    •     transfers in whole or in part of the assets of a UK business to a company resident in an EU member state5 (see D6.522)

  6.  

    •     amalgamations of building societies6 (see D7.825)

  7.  

    •     transfer

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