Corporation Tax Act 2010 section 188CJ

Meaning of "UK related" company

Section 188CJ defines what it means for a company to be "UK related" for the purposes of establishing group or consortium relationships when claiming group relief for carried-forward losses.

  • A company is "UK related" if it is resident in the UK for tax purposes
  • A non-UK resident company can also be "UK related" if it is within the charge to corporation tax
  • This definition applies to the group and consortium conditions in sections 188CE to 188CI
  • The definition mirrors the equivalent rule in section 134 of CTA 2010 used for standard group relief claims

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