Anti-avoidance provisions

Arrangements, meaning

Assets derived from other assets

Buying losses or gains

Generally

Pooling

Post-21 March 2007 changes

Pre-change assets

Qualifying change of ownership

Reorganisations etc.

Tax advantage, meaning

Transitional provisions

Generally

On or after 19 July 2011

Appropriation of trading stock

Assets deriving from other assets

Companies becoming a member of another group

Gains against which losses can be set-off

Generally

Major change in nature of company's trade or business

Order of set-off

Pre-entry assets

Principal company of one group joining another

Qualifying corporate bonds

Two or more companies joining group simultaneously

Unrealised losses on entry

Two or more companies joining group simultaneously