Unfortunately I have been unable to upload a diagram so I've had to list the group structure below:
Company A (Singapore) is owned 70% by Co Y in Hong Kong and 30% Co Z in Cyprus
Company B (England) owned 100% by Company A
Company C (Switzerland) owned 100% by Company B
Company D (Scotland) owned 100% by Company A
We are looking to transfer the assets/liabilities of Company B, including the shares in Company C, to Company D. Are they in the same Gains group and therefore the transaction can be done at no gain/no loss?
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Thank you for your response however you put a question mark at the end so are you giving an answer or asking a question?
