[371CA Does Chapter 4 apply?]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[Chapter 3
The CFC Charge Gateway: Determining which (if any) of Chapters 4 to 8 Applies]

[371CA  Does Chapter 4 apply?]

[(1)     Chapter 4 (profits attributable to UK activities) applies for a CFC's accounting period unless condition A, B, C or D is met.

(2)     Condition A is that, at no time during the accounting period, does the CFC hold assets or bear risks under an arrangement to which both subsections (3) and (4) apply.

(3)     This subsection applies to an arrangement if—

(a)     the main purpose, or one of the main purposes, of the arrangement is to reduce or eliminate any liability of any person to tax or duty imposed under the law of the United Kingdom, and

(b)     in consequence of the arrangement, at any time the CFC

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