CG14620 - Connected persons: companies: and other companies

TCGA92/S286 (5)

A company is connected with another company

• if the same person has control of both, or a person has control of one and persons connected with him (or he and persons connected with him) have control of the other, or
• if a group of two or more persons have control of each company, and the groups either consist of the same persons or could be regarded as consisting of the same persons by treating (in one or more cases) a member of either group as replaced by a person with whom he is connected.

TCGA92/S286 (6)

A company is connected with another person if that person has control of it, or if that person and the persons connected with him (including persons connected with him under CG14580) together have control of it.

TCGA92/S288 (1) & CTA2010/S450

Definition of “control”

‘Control’ has the same meaning as it has for close companies for Corporation Tax. See CTM60200 onwards.