BIM60830 - Definitions: Realising a gain
鈥楻ealising a gain鈥� is set out in Section 356OT CTA 2010 and Section 517T ITA 2007. The meaning of 鈥榬ealising a gain鈥� is extended to include realising a gain for another person.
Example
Person A (鈥淎鈥�) and person B (鈥淏鈥�) are related parties.
If, by a premature sale, A directly or indirectly transmits the opportunity of realising a profit or gain to another B, then A realises B鈥檚 profit or gain for B.