Cryptoassets (which might also be referred to as 'tokens' or 'cryptocurrency') are cryptographically secured digital representations of value or contractual rights1.
This article discusses when a company might be subject to corporation tax on capital gains (CTCG) on the disposal of cryptoassets in a situation where it is not trading in cryptoassets. To decide whether the company is trading, see C6.105. For details of situations in which the company might be subject to corporation tax under the non-trading loan relationship rules or the intangible fixed asset rules, see C6.140.
For the definition of cryptoassets and cryptoasset transactions, see C6.103–C6.104. For a glossary of key terms associated with cryptoassets, see C6.102.
Corporation tax on capital gains arising on disposals of cryptoassets
A corporate disposal occurs for CTCG purposes according to the same broad principles that apply to individual disponers, namely2:
- Ìý
•ÌýÌýÌýÌý the sale, or exchange
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Web page updated on 17 Mar 2025 16:51