Policy paper

Income Tax: Venture Capital Trusts - limiting the effect of anti-abuse provisions on commercial mergers

This tax information and impact note deals with limits the scope of an anti-abuse rule relating to share buy-backs by Venture Capital Trusts announced at Autumn Budget 2017.



Legislation will be introduced in Finance Bill 2017-18 to modify section 264A Income Tax Act 2007.

Published 22 November 2017