CG57403 - Non-resident companies: non-resident group: degrouping charges

TCGA92/S14 (3)*

The anti-avoidance provisions of TCGA92/S178 and TCGA92/S179 apply to non-resident groups. There will be a charge under TCGA92/S13 if a company leaves the `non-resident group’ holding an asset acquired from another group member within the previous six years. For general guidance on Sections 178 and 179, see CG45400+.

* TCGA92/S13 was re-written for disposals from 6th of April 2019 see CG10150.