Change of ownership of companiesU.K.
36(1)Sub-paragraph (2) applies where it appears to the Commissioners that—U.K.
(a)there has been a change in the ownership of a company, and
(b)in connection with that change a person (“the seller”) may be or become liable to be assessed and charged to corporation tax under [F1section 710 or 713 of CTA 2010].
(2)Paragraph 21 (restrictions on giving taxpayer notice where taxpayer has made tax return) does not apply in relation to a taxpayer notice given to the seller.
(3)[F2Chapter 7 of Part 14 of CTA 2010] applies for the purposes of determining when there has been a change in the ownership of a company.
Textual Amendments
F1Words in Sch. 36 para. 36(1)(b) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 582(2)(a) (with Sch. 2)
F2Words in Sch. 36 para. 36(3) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 582(2)(b) (with Sch. 2)
Commencement Information
I1Sch. 36 para. 36 in force at 1.4.2009 by S.I. 2009/404, art. 2