Policy paper

Deferral of Corporation Tax payments on EU group asset transfers

This measure deals with the deferral of Corporation Tax payments in certain circumstances for EU group asset transfers.

• From: HM Revenue & Customs
• Published: 11 July 2019
• Last updated: 11 March 2020 — See all updates

Documents

Deferral of Corporation Tax payments on EU group asset transfers

HTML

Draft legislation

PDF, 160 KB, 9 pages

Explanatory note

PDF, 152 KB, 4 pages

Details

This change is effective immediately. It is intended to remove uncertainty about the compatibility of EU law with the UK rules for taxing gains realised on the transfer of assets within a group of companies.

Published 11 July 2019
Last updated 11 March 2020 + show all updates

1. 11 March 2020

   Updated following Budget 2020

2. 11 July 2019

   First published.