SolvedCrossheading Exemptions: no tax avoidance purpose or genuine commercial transaction
From legislation.gov.uk
Contents
- Section 736 Exemptions: introduction
- Section 737 Exemption: all relevant transactions post-4 December 2005 transactions
- Section 738 Meaning of “commercial transaction”
- Section 739 Exemption: all relevant transactions pre-5 December 2005 transactions
- Section 740 Exemption: relevant transactions include both pre-5 December 2005 and post-4 December 2005 transactions
- Section 741 Application of section 742 (partial exemption)
- Section 742 Partial exemption where later associated operations fail conditions
- Section 742A Post-5 April 2012 transactions: exemption for genuine transactions