1031Distribution as part of a cross-border mergerU.K.
This section has no associated Explanatory Notes
If—
(a)a company making a distribution as part of a merger ceases to exist (without being wound up), and
(b)section 140E or 140F of TCGA 1992 (cross-border mergers) applies in relation to the merger,
the distribution is not a distribution of a company for the purposes of the Corporation Tax Acts.