Policy paper
Corporation Tax: restricting relief for internally generated goodwill transfers
This Tax Information and Impact Note is about restricting Corporation Tax relief where a company acquires internally generated goodwill.
Documents
Details
This measure will be introduced in Finance Bill 2015 and have effect from 3 December 2014, subject to Royal Assent. It will apply to all transfers on or after 3 December 2014 unless made pursuant to an unconditional obligation entered into before that date.
A draft legislation for this measure has been published at Draft legislation: Corporation Tax - restricting relief for internally generated goodwill transfers.