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Legislation
Income Tax Act 2007

Crossheading The requirements

  • Section 257DA The trading requirement
  • Section 257DB Ceasing to meet trading requirement: administration etc
  • Section 257DC The issuing company to carry on the qualifying business activity
  • Section 257DD The UK permanent establishment requirement
  • Section 257DE The financial health requirement
  • Section 257DF The unquoted status requirement
  • Section 257DG The control and independence requirement
  • Section 257DH The no partnerships requirement
  • Section 257DI The gross assets requirement
  • Section 257DJ The number of employees requirement
  • Section 257DK No previous other risk capital scheme investments
  • Section 257DL The amount raised through the SEIS
  • Section 257DM The qualifying subsidiaries requirement
  • Section 257DN The property managing subsidiaries requirement
  1. The requirements
  2. The qualifying subsidiaries requirement

Section 257DM | The qualifying subsidiaries requirement

From legislation.gov.uk

Any subsidiary that the issuing company has at any time in period B must be a qualifying subsidiary of the company.

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