75 per cent subsidiaries

Advance clearance

Applications, requirements for

Decisions of commissioners or tribunal

Distributions

Payments

Capital gains tax

General provisions

Tax exempt distributions

Chargeable payments

Company concerned in an exempt distribution, meaning

Generally

Meaning

No deduction in calculation of profits

Returns

Unquoted companies, meaning of chargeable payment

Chargeable payments made after exempt distribution

Conditions for exemption

Distributions

Chargeable payments

Exempt distributions

Conditions A to D

Conditions E, F

Conditions G to K

Conditions K

Conditions L, M

Distributing company, meaning

Division of business in a cross-border transfer

General conditions

Generally

Relevant company, meaning

Returns

Transfer by distributing company and issue of shares by transferee company

Transfer of shares in subsidiaries

Transitional provisions and savings

Groups of companies, chargeable gains

Income tax

Ineligible distributions

Interpretation

Key terms

Partnerships

Purpose of rules

Real estate investment trusts

Disposal of assets

Generally

Groups, company leaving

Relief

Returns

Chargeable payments

Exempt distributions

Substantial shareholdings exemption

Tonnage tax

Transactions solely for effecting an exempt distribution

Unquoted companies

Unquoted company, meaning