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StatuteCorporation Tax Act 2010

Section 705A — Corporation Tax Act 2010: Introduction to Chapter

Text of the provision Official document

Introduction to Chapter 705A 1 This Chapter applies where there is a change in the ownership of a shell company.

2 In this Chapter— “ the change in ownership ” means the change in ownership mentioned in subsection (1); “ the company ” means the company mentioned in subsection (1); “ shell company ” means a company that—

is not carrying on a trade, is not a company with investment business, and is not carrying on a UK property business.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.