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Home / Simons-Taxes /Business tax /Part B3 Capital allowances /Division B3.4 Mineral extraction /Mineral extraction allowances—qualifying expenditure / B3.414 Transfer of mineral assets within a group
Commentary

B3.414 Transfer of mineral assets within a group

Business tax

There are provisions1 which deal with transfers of mineral assets between companies within a group, ie where the transferor company controls or is controlled by the transferee company or where both are controlled by a third party2.

The provisions do not apply3:

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