22Transactions treated as being on arm's length termsU.K.
This
adran has no associated
Nodiadau Esboniadol
In accordance with the separate enterprise principle, transactions between the permanent establishment and any other part of the non-UK resident company are treated as taking place on such terms as would have been agreed between parties dealing at arm's length.
Modifications etc. (not altering text)
C1Ss. 21-28 applied (19.7.2011) by Finance Act 2011 (c. 11), Sch. 19 para. 26(3)