# Proceeds of Crime Act 2002, Paragraph 33: Shares in dependent subsidiaries


Section 79 of the Finance Act 1988 (c. 39) (charge on increase in value of shares) does not make the transferor chargeable to income tax in respect of a Part 5 transfer of shares or an interest in shares.

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Source: https://www.legislation.gov.uk/ukpga/2002/29/schedule/10/paragraph/33 (the official version)
Page: https://openlegislation.uk/proceeds-of-crime-act-2002/schedule-10/paragraph-33
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.