Related Commentary  Related HMRC Manuals

570(1)  Section 569(1) does not apply to a sale that is relevant for the purposes of Part 3A.

570(2)  No election under section 569 may be made if–

(a)the circumstances of the sale or the parties to it mean that a relevant allowance or charge will not be capable of falling to be made, or

(b)the buyer is a dual resident investing company.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.