Corporation Tax Act 2009 section 836

"Control"

Section 836 defines what "control" means for the purposes of the related party rules in the intangible fixed assets regime.

• Control means having the power to ensure a company's affairs are conducted in accordance with your wishes.
• Control can be established through holding shares or possessing voting power in the company itself or in another company.
• Control can also arise from powers granted by the company's articles of association or other governing documents.
• Sections 838 to 840 set out further rules about which rights and powers are taken into account when determining whether a person has control.