# The Corporation Tax (Implementation of the Mergers Directive) Regulations 2008, Paragraph 5


(1) Paragraph 12D (cross-border transfer of business within European Community) is amended as follows.
(2) In sub-paragraph (1) for paragraph (d) substitute—
“(d) the transferee—
(i) is resident in the United Kingdom immediately after the transfer, or
(ii) is within the charge to corporation tax immediately after the transfer in accordance with section 11 of the Taxes Act 1988.”.
(3) In sub-paragraph (3) after “exchange for” insert “the issue of”.
(4) Omit sub-paragraph (5).
(5) In sub-paragraph (6) after “determining” insert “the”.

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Source: https://www.legislation.gov.uk/uksi/2008/1579/schedule/2/paragraph/5 (the official version)
Page: https://openlegislation.uk/corporation-tax-implementation-of-the-mergers-directive-regulations-2008/schedule-2/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.