The Corporation Tax (Implementation of the Mergers Directive) Regulations 2008 No. 1579

SCHEDULE 3 AMENDMENTS TO FA 2002

PART 1 AMENDMENTS TO SCHEDULE 26 TO FA 2002

4.  In paragraph 30C(2)(1) (double taxation relief on European cross-border merger)—

(a) omit “and” at the end of paragraph (d), and

(b) after paragraph (e) insert—

“and

(f) in the case of a merger to which sub-paragraph (1)(c) or (d) applies, in the course of the merger each transferor ceases to exist without being in liquidation (within the meaning given by section 247 of the Insolvency Act 1986 (c. 55)).”.

(1)

Paragraph 30C was inserted by paragraph 10 of Schedule 2 to S.I. 2007/3186.