Policy paper

Substantial Shareholding Exemption: institutional investors - updated legislation

This clause extends the Substantial Shareholding Exemption so that companies owned by institutional investors will be exempt from Corporation Tax on disposals of their subsidiary companies without regard to whether the subsidiary is trading or non-trading.

From:
HM Treasury and HM Revenue & Customs
Published
13 July 2017
This was published under the 2016 to 2019 May Conservative government

Documents

Substantial Shareholding Exemption: institutional investors - updated legislation

PDF, 71.7 KB, 4 pages

Explanatory note for Substantial Shareholding Exemption: institutional investors

PDF, 140 KB, 4 pages

Details

The government has published updated legislation for Substantial Shareholding Exemption: institutional investors.

Further supporting documents, including tax Information and impact notes can be found on the Spring Budget 2017: tax related documents page.

Any technical queries should be sent to email: corey.herbertson@hmrc.gsi.gov.uk.

Updates to this page

Published 13 July 2017

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