Income Tax Act 2007 section 1007A

Meaning of "permanent establishment"

Section 1007A defines what "permanent establishment" means in relation to a company for the purposes of the Income Tax Acts, and identifies two specific parts of the Act where a different definition applies.

• The term "permanent establishment" in relation to a company takes its meaning from Chapter 2 of Part 24 of the Corporation Tax Act 2010.
• This general definition applies across the Income Tax Acts unless a specific exception is stated.
• The definition does not apply to Part 5 of the Act (the Enterprise Investment Scheme), which instead uses its own definition in section 191A.
• The definition also does not apply to Chapter 4 of Part 6 (qualifying holdings for Venture Capital Trusts), which instead uses its own definition in section 302A.