CTM06550 | Corporation Tax: company purchase schemes: information powers

ICTA88/S767C (omitted by FA08/S113 and SCH36/PARA81 with effect from1 April 2009)

Section 767C contained a specific information power that could be used where there was a change in the ownership of a company and a person might become liable to be assessed under ICTA88/S767A or S767AA. It allowed a notice to be served on any person requiring the production of documents or particulars that appeared to be relevant to the following

• whether the seller or an associated company was liable under ICTA88/S767A or S767AA, and

• the amount of that liability.

Notices under ICTA88/S767C were to be given by the Commissioners of Inland Revenue.

The information powers at FA08/SCH36 replaced ICTA88/S767C from 1 April 2009.

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)