Tax Law Rewrite - Corporation Tax
HMRC have published draft clauses and explanatory notes on loss relief, community investment tax relief, reconstructions without change in ownership and charitable companies for public consultation. Comments on the latest set of draft clauses are invited by 8 February 2008.
Comments on earlier draft clauses on Currency; Relief for employee share acquisitions: SIPs, SAYE option schemes, CSOP schemes and ESOTS; Unauthorised unit trusts and Loan relationships are available at http://www.hmrc.gov.uk/rewrite/responses-to-papers.pdf.