454 Listed securities held since 26th March 2003: relief for losses
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

454  Listed securities held since 26th March 2003: relief for losses

(1)     A person may claim relief from income tax under this section for a loss the person has made on disposing of deeply discounted securities.

(2)     For this purpose a person makes such a loss only if A exceeds B, where—

A is the amount the person paid for

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