Commentary on Sections Overview Chapter 11: Transfer of business or trade Section 818: Company reconstruction involving transfer of business
2142.Where there are certain transfers of a business (or part of a business) as part of a company reconstruction, this section allows the tax-neutral transfer of intangible fixed assets that are within the intangible fixed asset rules. It is based on paragraph 84 of Schedule 29 to FA 2002.
2143.A “tax-neutral transfer” is defined in section 776.