Commentary

D2.424 Pre-entry proportion—Intra group transfer etc assets

Corporate tax
Corporate tax | Commentary

D2.424 Pre-entry proportion—Intra group transfer etc assets

Corporate tax | Commentary

D2.424 Pre-entry proportion—Intra group transfer etc assets

The rules in this article were repealed in relation to the set off of pre-entry losses on or after 19 July 2011, subject to transitional rules (see D2.414). Prior to 19 July 2011, the rules in this article applied only where the loss buying rules (D2.402–D2.406) did not apply (ie where there was no arrangement for avoiding tax, eg on a merger or takeover).

Assets acquired by an intra-group transfer etc before joining a group

Special provisions apply when an asset has been transferred in a transaction treated as giving rise to no gain/no

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