Corporation Tax Act 2009 section 1217LA

Tax avoidance arrangements

Section 1217LA prevents a company from qualifying for theatrical production tax relief where tax avoidance arrangements exist in relation to the production.

• A company is disqualified from theatrical production tax relief if any tax avoidance arrangements relate to the production
• Arrangements count as tax avoidance if their main purpose, or one of their main purposes, is to obtain a tax advantage
• The definition of "arrangements" is deliberately broad, covering any scheme, agreement or understanding, whether or not it is legally enforceable
• The meaning of "tax advantage" follows the standard corporation tax definition set out in the Corporation Tax Act 2010