SwamyVK
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Transfer of shares by UK subsidiary of a foreign parent company to another foreign subsidiary
Hi ! We are a UK subsidiary (unlisted, private limited company) of a foreign parent company (100% shareholding). We would like to transfer our 100% shareholding in an European subsidiary (also an unlisted private limited company) to another subsidiary of the same parent company or to the parent company itself. We would like to know the UK business tax implications for making such a share transfer within the same Group. Kindly advise. Thanks.