474 Treatment of connected companies and partnerships for section 473
Corporation Tax Act 2009 (2009 c 4) | Legislation

474  Treatment of connected companies and partnerships for section 473

(1)     For the purposes of section 473(2), all the interests, rights and powers of any company connected with another company are attributed to the other company before determining any question—

(a)     whether two persons taken together have control of a company at any time, or

(b)     whether a person has at any time interests, rights and powers representing at least 40% of the holdings, rights and powers in respect of a company.

(2)     If section 1259 (calculation of firm's profits and losses) applies, any property, rights

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