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TTM12330 | Tonnage tax groups: Merger

From HM Revenue & Customs · Tonnage Tax Manual

Merger: Between tonnage tax and non-qualifying groups or companies

A merger between a tonnage tax company or group (T) and a non-qualifying company or group (NQ) will always result in a new tonnage tax group, with T’s election continuing to apply to the new group.

References

Definitions of T and NQTTM12300