Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxation (International and Other Provisions) Act 2010 section 371FA
The basic rule
Section 371FA sets out the basic rule for determining which of a controlled foreign company's trading finance profits fall within the CFC charge gateway, by testing whether the CFC has been over-capitalised using UK-connected funding.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.