20Profits attributable to permanent establishment: introductionU.K.
This section has no associated Explanatory Notes
(1)Sections 21 to 32 apply for the purpose of determining the amount of profits of a non-UK resident company that are attributable to a permanent establishment of the company in the United Kingdom.
(2)Sections 21 to 28 contain provision about the separate enterprise principle.
(3)See also [F1section 1152 of CTA 2010 (investment managers: disregard of certain chargeable profits)] , which provides for profits of certain investment transactions to be disregarded in determining the amount of profits attributable to a permanent establishment.
Textual Amendments
F1Words in s. 20(3) 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. 590 (with Sch. 2)