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INTM225500 | Controlled Foreign Companies: Entity Exemptions: Chapter 12 - The Low Profits Exemption: contents

From HM Revenue & Customs · International Manual

The low profits exemption provides an entity-level exemption for CFCs with low levels of profits in an accounting period. A chargeable company has to list any CFCs relying on this exemption on its corporation tax return.

Contents3 entries

  1. INTM225550Controlled Foreign Companies: Entity Exemptions: Chapter 12 - The Low Profits Exemption: Introduction
  2. INTM225600Controlled Foreign Companies: Entity Exemptions: Chapter 12 - The Low Profits Exemption: Anti-Avoidance
  3. INTM225650Controlled Foreign Companies: Entity Exemptions: Chapter 12 - The Low Profits Exemption: Examples