Corporation Tax Act 2009

[F1931VMeaning of “scheme” and “tax advantage scheme”U.K.
This adran has no associated Nodiadau Esboniadol

“(1)For the purposes of this Part—

  • “scheme” includes any scheme, arrangements or understanding of any kind whatever, whether or not legally enforceable, involving a single transaction or two or more transactions;

  • “tax advantage scheme” means a scheme the main purpose, or one of the main purposes, of which is to obtain a tax advantage (other than a negligible tax advantage).

(2)In this section “tax advantage” has the meaning given by [F2section 1139 of CTA 2010].]

Textual Amendments

F1Pt. 9A inserted (with effect in accordance with Sch. 14 para. 31 of the amending Act) by Finance Act 2009 (c. 10), Sch. 14 para. 1 (with Sch. 14 para. 32)

F2Words in s. 931V(2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 661 (with Sch. 2)