Finance Act 2015 (c. 11)

PART 3 U.K. Diverted profits tax

Introduction and overview U.K.

77 Introduction to the tax U.K.

(1) A tax (to be known as “diverted profits tax”) is charged in accordance with this Part on taxable diverted profits arising to a company in an accounting period.

(2) Taxable diverted profits arise to a company in an accounting period only if one or more of sections 80, 81 and 86 applies or apply in relation to the company for that period.