Corporation Tax Act 2009 section 768

Company cannot be member of more than one group

Section 768 establishes the rule that a company can only belong to one group for the purposes of the intangible fixed assets regime, and sets out a sequential series of tie-breaker tests to resolve situations where a company could otherwise fall into more than one group.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.