[140C [Transfer or division of non-UK business]]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[140C  [Transfer or division of non-UK business]]

[(1)     This section applies where—

(a)     a [company] resident in the United Kingdom ([the transferor]) transfers to a qualifying company resident in [a] member State ([the transfere]e) the whole or part of a [business] which, immediately before the time of the transfer, [the transferor] carried on in a member State . . . through a branch or agency,

(b)     the transfer includes the whole of the assets of [the transferor] used for the purposes of the [business] or part (or the whole of those assets other than cash),

(c)     the transfer is wholly or partly in exchange for [shares or debentures] issued by [the transferee] to [the transferor],

(d)     the aggregate of

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Reversionary lease by reference

 LR1. Date of the lease[date]LR2. Title Number(s)LR2.1 Landlord's title number(s)[title numbers out of which this Lease is granted. Leave blank if not registered]LR2.2 Other title numbers[existing title number(s) against which entries of matters referred to in LR9, LR10, LR11 and LR13 are to be

LEXISNEXIS

Enforcing a warrant of control

Enforcing a warrant of controlThis Practice Note has been produced by enforcement specialists, The Sheriffs Office. It guides users through the process of enforcing a warrant of control obtained from the County Court as a method of enforcing a money judgment; whereby the judgment creditor takes

LEXISNEXIS

Pension commencement lump sums (PCLSs)

Pension commencement lump sums (PCLSs)When a member of a pension scheme becomes entitled to receive their scheme benefits, they can usually take part as a tax-free lump sum. HMRC calls this a ‘pension commencement lump sum’ (PCLS). Taking a lump sum is usually at the option of the member who will

LEXISNEXIS

Mortgagees and tenants

Mortgagee’s consent to grant of leaseIf a property is subject to a mortgage that prohibits leasing without the mortgagee’s consent, then written evidence of consent must be obtained prior to completion of the lease. On the grant of an underlease, mortgagee’s consent in respect of any mortgage over