Substantial shareholdings exemption
id:
substantial-shareholdings-exemption-249-4306465
title:
Substantial shareholdings exemption
text:
The substantial shareholdings exemption is an exemption from assessment of capital gains under corporation tax applicable to United Kingdom companies. The exemption is found in Schedule 7AC of the Taxation of Chargeable Gains Act 1992. The rationale for the exemption is that groups of companies should be able to restructure without having to concern themselves with taxation of capital gains. Other European jurisdictions apply a more comprehensive system. For example, in Luxembourg and the Nether
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Substantial_shareholdings_exemption
date created:
date modified:
2017-10-24T11:26:34Z
main entity:
{"identifier":"Q17025915","url":"https://www.wikidata.org/entity/Q17025915"}
image:
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fields total:
13
integrity:
14