CFM17150 - Repos: commercial background

Overview and contents

This part of the guidance looks at what is meant by a repo (sale and repurchase agreement), and how repos are used in business. The tax treatment of repos is covered

at CFM17200+ for income tax and capital gains tax purposes, and for corporation tax purposes where the original owner transfers securities to the interim holder before 1 October 2007;

at CFM17500+ for corporation tax purposes where the initial sale of securities takes place on or after 1 October 2007.

Contents