Section 1217LA | Tax avoidance arrangements

(1)A company does not qualify for relief in relation to a theatrical production if there are any tax avoidance arrangements relating to the production.

(2)Arrangements are “tax avoidance arrangements” if their main purpose, or one of their main purposes, is the obtaining of a tax advantage.

(3)In this section—

“arrangements” includes any scheme, agreement or understanding, whether or not legally enforceable;

“tax advantage” has the meaning given by section 1139 of CTA 2010.