Policy paper

Disposal of stock other than in trade, and corporate intangibles

This measure affects the disposal of stock by businesses liable to corporation tax and income tax.

• From: HM Treasury
• Published: 8 July 2015

This was published under the 2015 to 2016 Cameron Conservative government

Documents

Disposal of stock other than in trade, and corporate intangibles

PDF, 547 KB, 12 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This measure will ensure that the tax rules applying to transfers of trading stock or intangible fixed assets between related parties bring into account the correct values for tax purposes. The intention is to prevent attempted avoidance by ensuring that, as far as possible, values brought into account are equivalent to those that would be achieved in a sale to an unconnected third party.

The measure will have effect for transfers of trading stock or intangible fixed assets made on or after 8 July 2015.

Published 8 July 2015