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INTM224100 | Controlled Foreign Companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: contents

From HM Revenue & Customs · International Manual

The Exemption Period Exemption provides an entity-level exemption for CFCs that have come under UK control for the first time. The period of exemption is temporary, usually 12 months.

A chargeable company has to list any CFCs relying on this exemption on its corporation tax return

Contents11 entries

  1. INTM224150Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Introduction
  2. INTM224175Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: The basic rule
  3. INTM224200Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: When does an exempt period begin?
  4. INTM224250Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: How long is an exempt period?
  5. INTM224260Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Subsequent period condition
  6. INTM224270Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Chargeable company condition
  7. INTM224300Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Adjustment of profits passing through the CFC charge gateway
  8. INTM224325Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Extension to the exempt period granted
  9. INTM224350Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Anti-avoidance
  10. INTM224400Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Amendment of company tax returns
  11. INTM224450Controlled Foreign companies: Entity Exemptions: Chapter 10 - The Exempt Period Exemption: Transitional provision - Interaction with Temporary Period Exemption