Commentary

D1.904 Recovery of corporation tax on chargeable gains from persons other than the company

Corporate tax
Corporate tax | Commentary

D1.904 Recovery of corporation tax on chargeable gains from persons other than the company

Corporate tax | Commentary

D1.904 Recovery of corporation tax on chargeable gains from persons other than the company

In certain circumstances HMRC can recover tax from persons other than the company making the disposal which gave rise to the liability.

DescriptionLegislationLocation
Recovery from other members of the group and controlling directors. Where corporation tax in respect of a gain is unpaid for six months it can be collected from certain group members or, where the gain arises to a non-UK resident company, from a controlling director.TCGA 1992, s 190D2.345
Recovery from shareholders. Where a person connected with a UK resident company receives a capital distribution derived from a disposal of assets from which a chargeable gain accrues to

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