- Published on
Legal Terms - demerger
The split of a company carrying on two or more trades, so that after the demerger separate companies carry on the different trades. In addition, a group of enterprises splitting can also be referred to by this word. Sections 1073–1117 of the Corporation Taxes Act of 2010 offer reliefs that prevent a demerger from being regarded as a dividend payment for tax purposes
The split of a company carrying on two or more trades, so that after the demerger separate companies carry on the different trades. In addition, a group of enterprises splitting can also be referred to by this word. Sections 1073–1117 of the Corporation Taxes Act of 2010 offer reliefs that prevent a demerger from being regarded as a dividend payment for tax purposes
0 Comments