Section 977 — Corporation Tax Act 2010: Notice requiring payment of unpaid tax

Notice requiring payment of unpaid tax 977 1 An officer of Revenue and Customs may serve a notice on a related company requiring it, within 30 days of the service of the notice, to pay—

a in a case which is not a consortium case, the amount of the unpaid tax, or b in a consortium case, the proportion of that amount found under section 979.

2 The notice must state—

a the amount of corporation tax assessed on the taxpayer company for the accounting period in question that remains unpaid, b the date when it first became payable, and c the amount which is to be paid by the company on which the notice is served.

3 The notice has effect—

a for the purposes of the recovery from that company of the amount required to be paid and of interest on that amount, and b for the purposes of appeals, as if it were a notice of assessment and that amount were an amount of tax due from that company.

4 In this Chapter “ consortium case ” means a case where the related company is not within section 976(1)(a).