Section 257DH — Income Tax Act 2007: The no partnerships requirement

The no partnerships requirement 257DH 1 Neither the issuing company nor any qualifying 90% subsidiary of that company may, at any time during period A, be a member of a partnership. 2 “ Partnership ” includes—

a a limited liability partnership, and b an entity established under the law of a territory outside the United Kingdom of a similar character to a partnership, and “ member ”, in relation to a partnership, is to be read accordingly.