Part 14Change in company ownership
Chapter 6Recovery of unpaid corporation tax
Miscellaneous
718Meaning of “associated company”
1
This section has effect for the purposes of sections 713 and 714.
2
“Associated company”, in relation to Y and an assessment to tax, means a company (whenever formed) which, at the time of the assessment or at an earlier time after the change in the ownership of Y—
a
has control of Y,
b
is a company of which Y has control, or
c
is a company under the control of the same person or persons as Y.