Tolley’s Tax Digest – Transactions in Securities, issue 173 March 2017 is now available.
This publication by Pete Miller contains detailed, expert guidance:
- fully updated for the FA 2016 changes;
- relevant case law, including Cleary, Greenberg, Joiner and Wiggins;
- impact on reductions of capital;
- effect of winding up close companies;
- new fundamental change of ownership test;
- changes to the motive tests;
- extended definition of income tax advantage;
- and much more.