Taxation of Chargeable Gains Act 1992 section 236F

Reorganisation of share capital involving employee shareholder shares

Section 236F ensures that the normal capital gains tax rules for share reorganisations do not apply to exempt employee shareholder shares, so that the tax-exempt status of those shares is preserved correctly.

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.