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Taxation of Chargeable Gains Act 1992 Schedule 5AAA paragraph 5
Units in a CoACS treated as shares in a company
Paragraph 5 of Schedule 5AAA provides that units in a co-ownership authorised contractual scheme (CoACS), where those units are treated as assets under the tax transparency rules, are to be treated as shares in a company for the purposes of Schedule 1A.
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