CG41100 | Registered Societies: special rules

There are special tax rules applying to “registered societies” which include co-operative and community benefit societies and credit unions. Guidance on registered societies can be found in the Company Taxation Manual at CTM40500+. The following pages deal with capital gains matters –

CTM40545 – the no gain/no loss rule in TCGA92/S217D that applies to certain transfers of assets

CTM40550 – conversions to or from a Companies Act company.