Commentary

D1.848 Disposal consideration not fully recognised for accounting purposes (disposals before 18 November 2015)

Corporate tax
Corporate tax | Commentary

D1.848 Disposal consideration not fully recognised for accounting purposes (disposals before 18 November 2015)

Corporate tax | Commentary

D1.848 Disposal consideration not fully recognised for accounting purposes (disposals before 18 November 2015)

The provisions in this article no longer apply in relation to disposals on or after 18 November 2015.

An anti-avoidance provision applies for disposals on or after 16 May 20081 and before 18 November 2015 where in any accounting period (the relevant accounting period) a company with the relevant avoidance intention disposes of rights or liabilities under a derivative contract (in whole or in part) for a consideration which:

  1.  

    (a)     is not fully in the form of money or a debt that falls to be settled by

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