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Large business taxation

Series: HM Treasury Press Release ; (84/01) 19 July 2001, (2)Publication details: 2001Subject(s): Summary: Consultation launched by the Chancellor which sets out the strategy for modernising the corporate tax system. Proposes an exemption for capital gains arising on the disposal of companies' substantial shareholdings. Consultation paper can be viewed at:http://www.inlandrevenue.gov.uk/consult_new/lbt.pdf

Consultation launched by the Chancellor which sets out the strategy for modernising the corporate tax system. Proposes an exemption for capital gains arising on the disposal of companies' substantial shareholdings. Consultation paper can be viewed at:http://www.inlandrevenue.gov.uk/consult_new/lbt.pdf