Section 178 — Corporation Tax Act 2010: Cases in which sections 170, 172 and 174 all apply

Cases in which sections 170, 172 and 174 all apply 178 1 This section applies in a case in which sections 170, 172 and 174 all apply.

2 Determine what company A's proportion would be—

a on the basis mentioned in section 170(2),

b on the basis mentioned in section 172(1),

c on the basis mentioned at Step 4 in section 174, d on the bases mentioned in sections 170(2) and 172(1) taken together, e on the bases mentioned in section 170(2) and at Step 4 in section 174 taken together, f on the bases mentioned in section 172(1) and at Step 4 in section 174 taken together, g on the bases mentioned in section 170(2), section 172(1) and at Step 4 in section 174 taken together, and h ignoring sections 170, 172 and 174.

3 Company A's proportion is taken to be the lowest proportion determined under subsection (2).