A degrouping tax charge is triggered where a company acquires certain assets from a group company on a no gain/no loss basis and the acquiring company leaves the group within six years of the transfer while it holds the relevant asset. Degrouping charges exist for capital assets, intangible assets, loan relationships and derivative contracts. For further discussion, see Practice note, Groups of companies: tax: Leaving the chargeable gains group and Loan relationships and derivatives and Practice note, Intangible property: tax: Degrouping charges.