Taxes Consolidation Act 1997 section 625

Shares in subsidiary member of group

Section 625 is an anti-avoidance provision that reinstates a deferred capital gains tax charge where shares in a subsidiary were disposed of as part of a group reconstruction or amalgamation and the subsidiary subsequently leaves the group within ten years.

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.