[Code of Federal Regulations] [Title 27, Volume 1] [Revised as of January 1, 2008] From the U.S. Government Printing Office via GPO Access [CITE: 27CFR31] [Page 888] TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY PART 31_ALCOHOL BEVERAGE DEALERS--Table of Contents Subpart K_Change in Proprietorship or Control Sec. 31.163 New corporation. Where a new corporation is formed to take over and conduct the business of one or more corporations which have paid special tax (or which have registered during the suspension period described in Sec. 31.21(b)), the new corporation shall pay special tax (or shall register during the suspension period) in its own name. (72 Stat. 1340, 1343; 26 U.S.C. 5111, 5121) [T.D. TTB-36, 70 FR 62253, Oct. 31, 2005]