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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Groups: rebasing: elections out of kink test: takeovers: time limits

There may be cases where groups and their advisers have not appreciated the detailedeffects of the rules for elections by companies in groups. They may have assumed that anyelection made by T after the takeover would cover other members of the former T group. Ifdifficulties arise in such a case it should be sent to Capital Gains Technical Group.