Section 900H — Corporation Tax Act 2009: Supplementary provision about when two persons are related

Supplementary provision about when two persons are related 900H 1 References in this Chapter to one person being a related party in relation to another person are to be read as including references to the participation condition being met as between those persons.

2 References in subsection (1) to a person include a firm in a case where, for section 1259 purposes, references in this Chapter to a company are read as references to the firm.

3 In subsection (2) “ section 1259 purposes ” means the purposes of determining under section 1259 the amount of profits or losses to be allocated to a partner in a firm.

4 Section 148 of TIOPA 2010 (when the participation condition is met) applies for the purposes of subsection (1) as it applies for the purposes of section 147(1)(b) of TIOPA 2010.