Schedule 13 Discounted securities: income tax provisionsF1

United Kingdom Repealed

1. Charge to tax on realised profit comprised in discount
2. Realised losses on discounted securities
3. Meaning of “relevant discounted security”
4. Issue price etc of securities issued in accordance with qualifying earn-out right
5. Meaning of “transfer”
6. Redemption to include conversion
7. Trustees and personal representatives
8. Treatment of losses where income exempt
9. Transfers between connected persons
10. Other transactions deemed to be at market value
11. Securities issued to connected person etc at price in excess of market value: transfer to connected person
12. Issue of securities in separate tranches
13. Accrued income scheme
14. Assets transferred abroad
15. Excluded indexed securities
16. Meaning of corporate strip and conversion into corporate strips
17. Corporate strips deemed to be relevant discounted securities
18. Corporate strips: manipulation of acquisition, sale or redemption price
19. Corporate strips: manipulation of price: associated payment giving rise to CGT loss
20. Strips of government securities
21. Strips of government securities: losses
22. Strips of government securities: manipulation of acquisition, sale or redemption price
23. Strips: manipulation of price: associated payment giving rise to capital gains tax loss
24. Restriction of profits and losses on strips by reference to original acquisition cost
25. Market value of strips etc for the purposes of paragraphs 8, 9, 14 and 14B
26. General interpretation
27. Application of Schedule for income tax purposes only