86 Trade transferred to a company
Income Tax Act 2007 (2007 c 3) | Legislation

86  Trade transferred to a company

(1)     This section applies if—

(a)     a trade is carried on by an individual otherwise than as a partner in a firm or by individuals in partnership,

(b)     the trade is transferred to a company,

(c)     the consideration for the transfer is wholly or mainly the allotment of shares to the individual or individuals, and

(d)     in the case

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