51 per cent subsidiary, meaning

Legislation/Regulatory – CTA2010 s. 1047
HMRC Guidance – CG58643

Advance clearance of payments

Legislation/Regulatory – CTA2010 s. 1044, 1045

Advance corporation tax, allotment of preference shares

Case Law – Preston Meats Ltd and Gerald Sharples v Hammond (HMIT) (2004) Sp C 435

Capital distributions

Commentary – Tax Reporter ¶562-100

Capital payment/company distribution

Case Law – Moody v Tyler (HM Inspector of Taxes). [2000] BTC 128

Chargeable gains

Commentary – Tax Reporter ¶760-400

Chargeable gains, acquisition not treated as acquisition of asset

Legislation/Regulatory – FA2003 s. 195
HMRC Guidance – CG50209 ; CG50287 ; CG50290 ; CG51750 ; CG52521 ; CG52707A ; CG52763 ; CG58600 ; CG58650

Clearance procedures

Legislation/Regulatory – CTA2010 s. 1044, 1045

Conditions for payments not to be treated as distributions

Legislation/Regulatory – CTA2010 s. 1033
HMRC Guidance – CG58610 ; CG58620 ; CG58625 ; CG58630 ; CG58650 ; CG58655 ; CG58660 ; CG58670 ; CH28760 ; CTM15400 ; CTM17505 ; CTM17507 ; CTM17510 ; CTM17540 ; CTM17550 ; CTM17560 ; CTM17570 ; CTM17580 ; CTM17590 ; CTM17640 ; TSEM3205

Disposal of shares

Commentary – Tax Reporter ¶514-000
HMRC Guidance – CG12700
Case Law – Turner v. Follett (H.M. Inspector of Taxes)

Distribution, inclusion in chargeable gains computation

Case Law – Strand Futures and Options Ltd v Vojak (HMIT). [2003] BTC 344 ; Strand Futures and Options Ltd v Vojak (HMIT). [2003] BTC 395

Distributions

Aggregation with associates

Commentary – Tax Reporter ¶762-160

Clearance applications

Commentary – Tax Reporter ¶762-180
Case Law – Preston Meats Ltd and Gerald Sharples v Hammond (HMIT)

Connected persons

Commentary – Tax Reporter ¶762-170

Corporate shareholder, capital gains tax

Legislation/Regulatory – SP 4/89

Excess paid over the amount of capital

Legislation/Regulatory – TB02/96-2

Exempt distributions

Commentary – Tax Reporter ¶762-120

Generally

Commentary – Tax Reporter ¶743-800 ; Tax Reporter ¶762-100
HMRC Guidance – CTM17505

Information, powers to obtain

Commentary – Tax Reporter ¶762-190

Inheritance tax payment

Commentary – Tax Reporter ¶762-130

Motive behind transactions

Commentary – Tax Reporter ¶762-130

Payments excluded

Legislation/Regulatory – TB02/96-2

Reduction of vendor's interest

Commentary – Tax Reporter ¶762-160

Reporting requirements

Commentary – Tax Reporter ¶762-190

Residence of vendor

Commentary – Tax Reporter ¶762-140

Substantial reduction

Commentary – Tax Reporter ¶762-160

Trading benefit

Commentary – Tax Reporter ¶762-130

Treatment

Commentary – Tax Reporter ¶762-110

Vendor ceasing to be connected

Commentary – Tax Reporter ¶762-170

Vendor's length of ownership

Commentary – Tax Reporter ¶762-150

Failure to redeem or purchase, effect of

Legislation/Regulatory – CA2006 s. 735

General provisions

Legislation/Regulatory – SP 2/82

Group, meaning

Legislation/Regulatory – CTA2010 s. 1047

Interpretation

Legislation/Regulatory – CTA2010 s. 1048
HMRC Guidance – CG58655 ; CTM17507

List of key points

Commentary – Tax Reporter ¶762-100
HMRC Guidance – CTM17505

Period of ownership

Determination

Legislation/Regulatory – CTA2010 s. 1036
HMRC Guidance – CG58640

Requirements

Legislation/Regulatory – CTA2010 s. 1035
HMRC Guidance – CG58640

Quoted companies

Commentary – Tax Reporter ¶760-400

Residence requirements

Legislation/Regulatory – CTA2010 s. 1034
HMRC Guidance – CG58640

Seller's interest as shareholder, reduction of

Entitlement to profits, effect of

Legislation/Regulatory – CTA2010 s. 1038
HMRC Guidance – CG58642 ; CG58644

Generally

Legislation/Regulatory – CTA2010 s. 1037
HMRC Guidance – CG58641 ; CG58642 ; CG58644 ; CG58655

Groups

Legislation/Regulatory – CTA2010 s. 1039-1041
HMRC Guidance – CG58643 ; CG58644

Relaxation of requirements

Legislation/Regulatory – CTA2010 s. 1043

Treasury shares

Commentary – Tax Reporter ¶760-400