SCHEDULES
SCHEDULE 25F1Cases where section 747(3) does not apply
Annotations:
Amendments (Textual)
F2Part 2BCompanies Exploiting Intellectual Property with Limited UK Connection
Annotations:
Amendments (Textual)
F2
Sch. 25 Pts. 2A, 2B (paras. 12B-12N) inserted (with effect in accordance with Sch. 12 para. 14(2) of the amending Act) by Finance Act 2011 (c. 11), Sch. 12 para. 3
Business establishment
12I
1
The requirement of this paragraph is that throughout the accounting period C has a business establishment in the territory in which it is resident.
2
For the purposes of sub-paragraph (1)—
a
paragraph 5(2) to (5) (special rules about residence of the company) applies as it applies for the purposes of Part 2 of this Schedule, and
b
paragraph 7 (meaning of “business establishment”) applies as it applies for the purposes of paragraph 6(1)(a).
Sch. 25 heading substituted (with effect in accordance with Sch. 17 para. 37 of the amending Act) by Finance Act 1998 (c. 36), Sch. 17 para. 25; S.I. 1998/3173, art. 2