Section 1273A — Corporation Tax Act 2009: Limited liability partnerships: salaried members

Limited liability partnerships: salaried members 1273A 1 Subsection (2) applies at any time when section 863A(2) of ITTOIA 2005 (limited liability partnerships: salaried members) applies in the case of an individual (“M”) who is a member of a limited liability partnership in relation to which section 1273(1) applies.

2 In relation to the charge to corporation tax on income, for the purposes of the Corporation Tax Acts—

a M is to be treated as being employed by the limited liability partnership under a contract of service instead of being a member of the partnership, and b accordingly, M's rights and duties as a member of the limited liability partnership are to be treated as rights and duties under that contract of service.