Part 8Oil activities

F1CHAPTER 3ARates at which corporation tax is charged on ring fence profits

Annotations:
Amendments (Textual)
F1

Pt. 8 Ch. 3A inserted (with effect in accordance with Sch. 1 para. 22 of the amending Act) by Finance Act 2014 (c. 26), Sch. 1 para. 5(3)

F2Supplementary

Annotations:
Amendments (Textual)
F2

S. 279EA and cross-heading inserted (with effect in accordance with Sch. 1 para. 34 of the amending Act) by Finance Act 2021 (c. 26), Sch. 1 para. 10

279EAInterpretation etc

1

The rules in Part 3A (see sections 18E to 18J) which apply for determining whether a company is another company's associated company in an accounting period for the purposes of section 18D apply for the purposes of section 279E.

2

Section 18K (power to obtain information) applies for the purposes of this Part as it applies for the purposes of Part 3A.

3

For the purposes of this Chapter—

  • “augmented profits” has the same meaning as in Part 3A (see sections 18L and 18M), and

  • “close investment-holding company” has the same meaning as in that Part (see section 18N).