Policy paper

Amendments to the transfer of assets abroad provisions

This tax information and impact note is about changes to the transfer of assets abroad provisions where a company is used to transfer assets abroad to avoid a liability to tax.

Documents

Details

This measure amends the transfer of assets abroad provisions by applying a charge to tax where relevant transfers are carried out by a closely-held company. This is done to avoid a liability to tax, of which an individual has a qualifying interest in.

Updates to this page

Published 6 March 2024

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