Finance Bill 2013: targeted corporate loss buying rules | Practical Law

Finance Bill 2013: targeted corporate loss buying rules | Practical Law

The Finance Bill 2013 extends the existing rules that prevent tax-motivated capital allowance buying and introduces new rules to prevent companies from undertaking tax-motivated reorganisations to access deductions or making arrangements to transfer profits to access those deductions.

Finance Bill 2013: targeted corporate loss buying rules

Practical Law UK Legal Update 2-533-6906 (Approx. 7 pages)

Finance Bill 2013: targeted corporate loss buying rules

Published on 09 Jul 2013United Kingdom
The Finance Bill 2013 extends the existing rules that prevent tax-motivated capital allowance buying and introduces new rules to prevent companies from undertaking tax-motivated reorganisations to access deductions or making arrangements to transfer profits to access those deductions.