Online message – Friday 07/21/2023
including corporation tax | Consequences of deleting a British limited company from the British commercial register after December 31, 2020 (BMF)
The BMF has commented on the tax consequences of deleting a British limited company from the British commercial register after December 31, 2020 (BMF, letter dated July 19, 2023 – IV C 2 – S 2701/19/10001:004).
In the letter, the BMF goes into more detail on the following points:
Civil law treatment of a limited company after Brexit
Tax treatment of a limited company after “Brexit”
Consequences of deleting a Limited from Companies House
UK company law treatment
Domestic tax treatment after deletion
Special case “restoration”
A notice:
The letter applies to all matters where the deletion of the Limited in Companies House takes place after December 31, 2020. The BMF letter from 6.1.2014, BStBl I p. 111 and v. October 19, 2017, BStBl I p. 1437, are still applicable in cases in which the Limited was deleted in Companies House before January 1, 2021.
Those: Federal Ministry of Finance, letter from July 19, 2023 – IV C 2 – S 2701/19/10001 :004; published on the
Federal Ministry of Finance website (il)
Source(s):
NWB HAAAJ-44643