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Taxes Consolidation Act, 1997 (Number 39 of 1997)


633D Mergers where a company is dissolved without going into liquidation.

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, on that subsidiary company being dissolved without going into liquidation, 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 dissolution.




Inserted by FA12 s51(1). Has effect in respect of assets and liabilities transferred on or after 1 January 2012.