821Company chargeableU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)The general rule is that the company chargeable to tax as a result of this Part is the company that realises the gain.
(2)But that rule is subject to subsections (3) and (5).
(3)If all or any part of the gain accruing to a person (“A”) is derived from value provided directly or indirectly by another person (“B”) which is a company, B is chargeable.
(4)Subsection (3) applies whether or not the value is put at the disposal of A.
(5)If all or any part of the gain accruing to a person (“C”) is derived from an opportunity of realising a gain provided directly or indirectly by another person (“D”) which is a company, D is chargeable.
(6)For the meaning of “another person”, see section 825.