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Legislation
Corporation Tax Act 2010

Crossheading Qualifying payments

  • Section 191 Qualifying payments
  • Section 192 Condition as to repayment
  • Section 193 Associated acquisition etc
  • Section 194 Distributions
  • Section 195 Associated benefits
  • Section 196 Associated benefits: meaning
  • Section 197 Restrictions on associated benefits
  • Section 198 Payments and benefits linked to periods of less than 12 months
  1. Qualifying payments
  2. Associated benefits: meaning

Section 196 | Associated benefits: meaning

From legislation.gov.uk

For the purposes of this Chapter a benefit is associated with a payment if—

(a)it is received by the company which made the payment or by a person associated with the company, and

(b)it is received in consequence of making the payment.

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