Section 398G — Corporation Tax Act 2010: Transfers into and out of A

Transfers into and out of A 398G 1 Section 948 does not apply where A is the predecessor or the successor. 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 If any event occurs that requires A to bring the disposal value of plant or machinery into account under Part 2 of CAA 2001, that Part has effect as if the disposal value that A is required to bring into account were the higher of—

a the disposal value determined in accordance with that Part, and b the ascribed value of the plant or machinery.

4 Section 265 of CAA 2001 (successions) is subject to this section.