Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxes Consolidation Act 1997 section 400
Company reconstructions without change of ownership
Section 400 provides that where a company ceases to carry on a trade and another company takes it over, unused capital allowances, trading losses, and certain interest limitation reliefs can transfer to the successor company, provided there is at least 75% common ownership of the trade before and after the change.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.