Related Commentary  Related HMRC Manuals


In the heading, the words “for corporation tax” inserted by FA 2008, s. 8 and Sch. 2, para. 88 with effect in relation to disposals made on or after 6 April 2008 (FA 2008, Sch. 2, para. 100).

107(1)  This section has effect for the purposes of corporation tax where any securities are disposed of by a company.

107(1A)  The securities disposed of shall be identified in accordance with the following provisions of this section with securities of the same class that have been acquired by the company making the disposal and could be comprised in that disposal.

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