Chwilio Deddfwriaeth

The Corporation Tax (Carry Back of Losses: Temporary Extension) Regulations 2021

 Help about what version

Pa Fersiwn

  • Y Diweddaraf sydd Ar Gael (Diwygiedig)
  • Gwreiddiol (a wnaed Fel)
 Help about opening options

Dewisiadau AgorExpand opening options

Status:

Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format.

The 2021 nominated company

This adran has no associated Memorandwm Esboniadol

8.—(1) A member of a 2021 group (the “2021 nominated company”) may be nominated to submit a 2021 loss carry-back allocation statement on behalf of that 2021 group by—

(a)the ultimate parent of that 2021 group,

(b)all of the members of that 2021 group together, or

(c)any two or more members of that 2021 group together, with the consent of the appropriate person on behalf of the ultimate parent of that 2021 group.

(2) The nomination must be—

(a)made in writing, and

(b)signed by the appropriate person on behalf of each company making the nomination.

(3) Only one company may, for the time being, be the 2021 nominated company in respect of a 2021 group.

(4) Once a nomination is made, it has effect until substituted by a new nomination made by—

(a)the ultimate parent of that 2021 group,

(b)all of the members of the 2021 group, or

(c)any two or more members of that 2021 group together, with the consent of the appropriate person on behalf of the ultimate parent of that 2021 group.

(5) Consent is deemed to be given under sub-paragraph (c) of paragraph (1) and sub-paragraph (c) of paragraph (4) where—

(a)the appropriate person on behalf of the ultimate parent is notified in writing of the companies’ intention to make a nomination, and

(b)the ultimate parent does not object within 7 days of receipt of the notification.

Yn ôl i’r brig

Options/Help