Statute
Section 487 — Corporation Tax Act 2009: Overview of Chapter
Text of the provision Official document
Overview of Chapter 487 1 This Chapter provides for the Corporation Tax Acts to apply in some circumstances to holdings in open-ended investment companies, unit trust schemes and offshore funds as if they were rights under a creditor relationship (see section 490).
2 That treatment depends on the company, scheme or fund failing the qualifying investments test.
3 Sections 493 to 496 deal with when that test is met.
4 For the meaning of “open-ended investment company” and “offshore fund” in this Chapter, see sections 488 and 489 respectively.
Official source: legislation.gov.uk
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from UK courts and tribunals with a plain-English summary and legal holding.
Explore case law →