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13 December 2016

UK reforms substantial shareholdings exemption regime

Following a consultation earlier in the year, the Government is proposing to reform the Substantial Shareholdings Exemption (SSE), which broadly exempts from taxation gains made by companies on the disposals of a "substantial shareholding" in another company. The proposed reforms would apply to disposals from April 1, 2017.

A Tax Alert prepared by Ernst & Young UK, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-2125

Document ID: 2016-2125

 

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