Income and Corporation Taxes Act 1988 (c. 1)

SCHEDULES

SCHEDULE A1 U.K. Determination of profits attributable to permanent establishment: supplementary provisions

Part 2 U.K. General provisions

Transactions treated as taking place at arm’s length U.K.

2 In accordance with the separate enterprise principle, transactions between the permanent establishment and any other part of the non-resident company are treated as taking place on such terms as would have been agreed between parties dealing at arm’s length.