Corporation Tax Act 2010 section 938H

Meaning of "scheme"

Section 938H provides a broad definition of the term "scheme" as used throughout this Part of the Act.

• A "scheme" includes any scheme, arrangements, or understanding of any kind whatsoever
• The definition applies regardless of whether the arrangement is legally enforceable
• It covers both single transactions and arrangements involving two or more transactions
• The deliberately wide scope ensures that informal or non-binding arrangements are also caught