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Taxes Consolidation Act, 1997 (Number 39 of 1997)


617A. Transfers arising from certain mergers under Companies Act 2014

The transfer of all the assets and liabilities of a company which is a wholly owned subsidiary of another company (in this section referred to as the ‘parent company’) to the parent company as a consequence of a merger by absorption to which Chapter 3 of Part 9 of, or Chapter 16 of Part 17 of, the Companies Act 2014 applies shall not be treated as involving a disposal by the parent company of the share capital which it held in the subsidiary company immediately before the merger.




Inserted by FA21 s38. Comes into operation on 1 January 2022.