TTM17086 - Schedule 22 Finance Act 2000: Qualifying Companies and Groups

FA00/SCH22/PARA16

(1) For the purposes of this Schedule a company is a "qualifying company" if-

(a) it is within the charge to corporation tax,

(b) it operates qualifying ships, and

(c) those ships are strategically and commercially managed in the United Kingdom.

(2) A "qualifying group" means a group of which one or more members are qualifying companies.

References