S707 ICTA 1988

Applications for advance clearance

With effect from 6 April 2007 the existing provisions at S703-709 ICTA 1988 will apply for corporation tax purposes only.

• The law is at Section 703-709 ICTA 1988

For transactions in securities taking place with effect from 6 April 2007 the provisions at S682-713 ITA 2007 will apply only for income tax purposes.

• The law is at S682-713 ITA 2007

You will find help on Cancellation of Tax Advantages from Certain Transactions in Securities in:

• Company Taxation Manual CTM36800-90
• our Statement of Practice 3/80 (SP 3/80) (PDF 2.3MB)
• Tax Bulletin 46
• Tax Bulletin 84