Section 371DK | Exclusion: trading profits (export of goods condition) ^F1

(1)This section applies for the purposes of section 371DF(1)(e).

(2)The export of goods condition is met if no more than 20% of the CFC's trading income arises from goods exported from the United Kingdom, excluding goods exported from the United Kingdom to the territory in which the CFC is resident for the accounting period.