Corporation Tax Act 2010 section 201

Associated persons

Section 201 defines when a person is treated as "associated" with a company for the purposes of the rules in this Chapter.

• A person is associated with a company if they are connected with that company directly.
• A person is also associated with a company if they are connected with another person who is themselves connected with the company.
• The definition therefore extends the net beyond direct connections to include indirect links through connected persons.
• This associated person test is relevant to other provisions in the Chapter that restrict or modify tax treatment where associated persons are involved.