Course description
The substantial shareholdings exemption was introduced in 2002. The rules effectively allow trading companies and groups to sell shareholdings in other trading companies and groups without suffering a charge to corporation tax on chargeable gains.
Presented by Nitzan Cohen, an experienced tax consultant, this half-day live broadcast session will take you through the rules, from the basics to more advanced areas, and give both technical insights and practical advice on their application of the rules for your corporate clients. It will look at the SSE, the main exemption, as well as the requirements, interaction with share reorganisation, and anti-avoidance.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The substantial shareholdings exemption was introduced in 2002. The rules effectively allow trading companies and groups to sell shareholdings in other trading companies and groups without suffering a charge to corporation tax on chargeable gains.
The legislation is complex and detailed, and this half-day live broadcast session will take you through the rules, from the basics to more advanced areas, and give both technical insights and practical advice on their application of the rules for your corporate clients.
What You Will Learn
This live and interactive session will cover the following:
- Introduction
- What is the SSE?
- What is the main exemption?
- What are the three additional exemptions?
- The requirements
- Substantial shareholding
- Investing company
- Investee company
- Groups and joint ventures
- Meaning of group
- What is a trading group?
- Special rules for joint ventures
- Trading and non-trading activities
- The rules
- HMRC’s interpretation
- Non-trading activities
- Cash and other investments
- Interaction with share reorganisation
- Anti-avoidance
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...