Commentary

D7.5163 Taxing the transferor—Payment of tax by transferee

Corporate tax
Corporate tax | Commentary

D7.5163 Taxing the transferor—Payment of tax by transferee

Corporate tax | Commentary

D7.5163 Taxing the transferor—Payment of tax by transferee

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

It is possible that the transferor will not keep sufficient assets to pay any tax that may be charged on it as a result of the relevant non-transferred assets provisions. In such circumstances it is open to both the transferor and transferee to jointly elect that the tax that would be chargeable on the transferor by virtue of the operation of those provisions is instead

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