Corporation Tax Act 2009 section 683

Meaning of "the transferee" and "transferor"

Section 683 defines who counts as the "transferee" and "transferor" in each type of European cross-border merger covered by this chapter.

Where companies merge to form a European Company (SE), the SE is the transferee and each merging company is a transferor.
Where co-operative societies merge to form a European Co-operative Society (SCE), the SCE is the transferee and each merging co-operative is a transferor.
Where assets and liabilities are transferred to an existing company under the other merger types, that receiving company is the transferee.
In those same transfer-type mergers, each company that transfers all of its assets and liabilities is a transferor.

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