Income Tax Act 2007 section 257B

Overview of Chapter

Section 257B provides an overview of the conditions an investor must satisfy to be a qualifying investor under the Seed Enterprise Investment Scheme (SEIS).

  • The investor must not be an employee of the issuing company
  • The investor must not hold a substantial interest in the issuing company
  • There must be no related investment arrangements or linked loans connected to the share subscription
  • The investment must not be part of a tax avoidance scheme or arrangement

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