Part 24Corporation Tax Acts definitions etc

C1Chapter 2Permanent establishments

Annotations:
Modifications etc. (not altering text)
C1

Pt. 24 Ch. 2 applied by 2007 c. 3, s. 1007A (as inserted (with effect in accordance with Sch. 2 paras. 7(3), 8 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 2 para. 3(3); S.I. 2011/662, art. 2)

General

1141Permanent establishments of companies

C21

For the purposes of the Corporation Tax Acts a company has a permanent establishment in a territory if (and only if)—

a

it has a fixed place of business there through which the business of the company is wholly or partly carried on, or

b

an agent acting on behalf of the company has and habitually exercises there authority to do business on behalf of the company.

2

For this purpose a “fixed place of business” includes (without prejudice to the generality of that expression)—

a

a place of management,

b

a branch,

c

an office,

d

a factory,

e

a workshop,

f

an installation or structure for the exploration of natural resources,

g

a mine, an oil or gas well, a quarry or any other place of extraction of natural resources, and

h

a building site or construction or installation project.

3

Subsection (1) is subject to sections 1142 to 1144.