Statute
Section 1076 — Corporation Tax Act 2010: Transfer of shares in subsidiaries to members
Text of the provision Official document
Transfer of shares in subsidiaries to members 1076 A distribution is an exempt distribution if—
a it consists of the transfer by a company to all or any of its members of shares in one or more companies which are its 75% subsidiaries, b each of conditions A to F in sections 1081 and 1082 is met in respect of the distribution, and c if the company making the transfer is a 75% subsidiary of another company, conditions L and M in section 1085 are met in respect of the distribution.
Official source: legislation.gov.uk
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