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UK Finance Act 2013: changes to tax losses

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Challen Lydia
Lydia Challen



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06 December 2013

Tax Partner Lydia Challen has written an article for British Tax Review as part of their analysis of Finance Act 2013 provisions

Lydia’s article is on the loss provisions including:

  • The measure to correct the UK’s breach of EU law established by the Philips Electronics case.
  • The provision that stopped planning relating to restrictions on the carry forward of losses.
  • The extension of the loss buying rules to "shell” companies.
  • The deduction transfer TAAR.
  • The profits transfer TAAR.

Download the full article here.

This material was first published by Sweet & Maxwell in British Tax Review Issue 4, 2013 and is reproduced by agreement with the Publishers.