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INTM226000 | Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: contents

From HM Revenue & Customs · International Manual

The purpose of this entity level exemption is to easily exclude a CFC from having to apply the CFC rules to its profits when it pays a normal to high level of tax in its territory of residence.

Any CFC that satisfies the tax exemption, does not need to be included in a chargeable company’s corporation tax return.

Contents8 entries

  1. INTM226050Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: Introduction
  2. INTM226100Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: The Basic Rule
  3. INTM226150Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: The Local Tax Amount
  4. INTM226200Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: Designer Tax Rate Provisions
  5. INTM226250Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: Corresponding UK Tax
  6. INTM226300Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: Example 1
  7. INTM226350Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: Example 2
  8. INTM226400Controlled Foreign Companies: Entity Exemptions: Chapter 14 - The Tax Exemption: Example 3