[1305A Avoidance schemes involving the transfer of corporate profits]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[1305A  Avoidance schemes involving the transfer of corporate profits]

[(1)     This section applies if—

(a)     two companies (“A” and “B”) are party to any arrangements (whether or not at the same time),

(b)     A and B are members of the same group,

(c)     the arrangements result in what is, in substance, a payment (directly or indirectly) from A to B of all or a significant part of the profits of the business of A or of a company which is a member of the same group

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