Section 17 — Corporation Tax Act 2009: SCEs which transfer registered office to the United Kingdom

SCEs which transfer registered office to the United Kingdom 17 1 This section applies to an SCE which transfers its registered office to the United Kingdom in accordance with Article 7 of Council Regulation (EC) No 1435/2003 on the Statute for a European Cooperative Society (SCE).

2 The SCE is UK resident for the purposes of the Corporation Tax Acts from the time of its registration in the United Kingdom.

3 Accordingly, even if a different place of residence is given by a rule of law, the SCE is not resident in that place for the purposes of the Corporation Tax Acts.

4 The SCE does not cease to be UK resident merely because it later transfers its registered office from the United Kingdom.