PART 1Income tax, corporation tax and capital gains tax
Capital gains tax
41Hold-over relief for foreign-controlled companies
1
In section 167 of TCGA 1992 (gifts to foreign-controlled companies), in subsection (2)(b), at the beginning insert “
is or
”
.
2
The amendment made by subsection (1) has effect in relation to a disposal made on or after 6 April 2021.