[1025A Application of Chapter: employees of overseas companies who take up employment with, or work for, a UK company]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[1025A  Application of Chapter: employees of overseas companies who take up employment with, or work for, a UK company]

[(1)     This section applies if—

(a)     a person (“E”) has, or had, an employment (“the overseas employment”) with a non-UK resident company not within the charge to corporation tax (“the overseas company”),

(b)     E or another person acquired restricted shares because of the overseas employment (whether or not pursuant to an option),

(c)     the case is not within section 1025(1)(a),

(d)     relief under Chapter 2 or 3 would have been available to the overseas company in relation to the acquisition if, at all material times—

(i)     the overseas company had carried on a business within subsection (2) (“a qualifying business”), and

(ii)     the overseas employment had related to that business,

(e)     E has a UK employment with a UK company (see subsections (3) and (4)),

(f)

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