Commentary

D9.116A Scope and structure

Corporate tax
Corporate tax | Commentary

D9.116A Scope and structure

Corporate tax | Commentary

Income tax regime

D9.116A Scope and structure

These provisions apply for income tax purposes. For details of the corporation tax regime see D9.102A–D9.116.

FA 2010 introduced the current regime for transactions in securities for income tax purposes1. The changes have effect in relation to income tax advantages obtained on or after 24 March 2010. This means that the legislation could potentially apply where the transactions in securities took place before that date, so long as the tax advantage arises on or after 24 March 2010.

In terms of administration (clearances, counteraction procedures, appeals), the income tax regime remained unchanged. The revised

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