# Taxation (International and Other Provisions) Act 2010, Section 259ZME: Groups of companies


(1) For the purposes of this Chapter, company A and company B are members of the same group of companies if—
(a) one is a 75% subsidiary of the other, or
(b) both are 75% subsidiaries of a third company.
(2) In subsection (1), “75% subsidiary” has the same meaning as in Part 5 of CTA 2010 (group relief) (see section 151 of that Act).
(3) Sections 154, 155A, 155B and 156 of CTA 2010 (members of group of companies: arrangements for transfers of companies) apply for the purposes of this Chapter as they apply for the purposes of Part 5 of CTA 2010, but as if references to a surrenderable amount were to the DII surplus.

---
Source: https://www.legislation.gov.uk/ukpga/2010/8/section/259ZME (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-259ZME
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.