Corporation Tax Act 2010 section 933

Connected persons

Section 933 deals with how connected persons are treated for the purposes of leasing arrangements, extending any connection found at any point during the relevant period to cover the entire period.

• If two persons are connected at any point during the relevant period, they are treated as connected throughout that entire period.
• The relevant period begins when the earliest of the leasing arrangements was made.
• The relevant period ends when the current lessor finally ceases to have any interest in the asset or any related arrangements.
• The general definition of "connected persons" elsewhere in the Corporation Tax Act 2010 applies unless otherwise indicated.