A transfer of value can be made by a company as well as an individual, however a transfer by a company is not a chargeable transfer. Without an anti-avoidance rule, a close company could make a disposition so that there is a loss to the company, such as a transfer at undervalue to a shareholder. Therefore there are anti-avoidance rules to apportion close
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 13:57