Taxes Management Act 1970 section 12A

European Economic Interest Groupings

Section 12A sets out the powers of tax inspectors to require returns and information from Economic Interest Groupings and their members, to ensure proper assessment of tax.

• A "grouping" means either a UK Economic Interest Grouping or a European Economic Interest Grouping formed under EU law — HMRC can require either type to provide tax returns and supporting information
• Where a grouping is registered in the UK, the notice goes to the grouping itself; for other groupings, the notice goes to UK-resident members (or any member if none is UK-resident)
• Every return must include a declaration that it is correct and complete, and notices can require different information for different periods, types of income, members, or groupings
• The grouping acts through its manager (or a designated individual representative if the manager is not an individual), and where the formation contract requires joint action, the appropriate number of managers must sign the declaration