INTM202060 – Controlled Foreign Companies: definitions

Definitions: connected and associated persons

Under ICTA88/S756(2) the following definitions apply for the purposes of Chapter IV.

• Any question whether one person is connected with another is determined in accordance with ICTA88/S839. For the purposes of establishing whether a non-resident company is controlled by UK persons, ICTA88/S839(7) is specifically disapplied.
• Any question whether one person is associated with another is determined in accordance with ICTA88/S783(10) .