Corporation Tax Act 2010 section 676EB

Restriction on use of trade losses carried-forward on transfer of trade

Section 676EB restricts the ability of a successor company to use carried-forward trade losses originally incurred by a transferred company, where there has been both a change in ownership and a transfer of that trade.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.