Before any issue of shares is made, any of the companies involved in the scheme of reconstruction may apply to HMRC for confirmation that the transactions will be effected for bona fide commercial reasons and not for tax avoidance (D6.202), giving full particulars of the proposed transactions1.
All applications for clearance should be sent to the Clearance
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 17:10