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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxation (International and Other Provisions) Act 2010 section 241
Scheme including issue of shares not conferring qualifying beneficial entitlement
Section 241 defines a sixth type of "deduction scheme" — one that involves the issue of shares which do not give the holder a qualifying beneficial entitlement, forming part of a broader set of anti-avoidance rules targeting arrangements designed to generate tax deductions.
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.