# Corporation Tax Act 2009, Section 680: Disapplication of Chapter where transparent entities involved


(1) This Chapter does not apply in relation to the transfer of business if the transferor is a transparent entity.
(2) In this section “transparent entity” means a company which is resident in a member State ... and which does not have an ordinary share capital.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/680 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-680
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.