
Print Options
PrintThe Whole
Instrument
PrintThe Whole
Schedule
PrintThis
Section
only
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
This section has no associated Explanatory Memorandum
5.—(1) Paragraph 12D() (cross-border transfer of business within European Community) is amended as follows.
(2) In sub-paragraph (1) for paragraph (d) substitute—
“(d)the transferee—
(i)is resident in the United Kingdom immediately after the transfer, or
(ii)is within the charge to corporation tax immediately after the transfer in accordance with section 11 of the Taxes Act 1988.”.
(3) In sub-paragraph (3) after “exchange for” insert “the issue of”.
(4) Omit sub-paragraph (5).
(5) In sub-paragraph (6) after “determining” insert “the”.
Back to top