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Legislation
Corporation Tax Act 2010

Crossheading Exempt distributions

  • Section 1075 Exempt distributions
  • Section 1076 Transfer of shares in subsidiaries to members
  • Section 1077 Transfer by distributing company and issue of shares by transferee company
  • Section 1078 Division of business in a cross-border transfer
  • Section 1079 “The distributing company”
  • Section 1080 Meaning of “relevant company”
  1. Exempt distributions
  2. Exempt distributions

Section 1075 | Exempt distributions

From legislation.gov.uk

(1)An exempt distribution is not a distribution of a company for the purposes of the Corporation Tax Acts.

(2)In this Chapter “exempt distribution” means a distribution which is an exempt distribution by virtue of section 1076, 1077 or 1078.

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