{
  "url": "https://openlegislation.uk/controlled-foreign-companies-designer-rate-tax-provisions-regulations-2000/regulation-3",
  "json_url": "https://openlegislation.uk/controlled-foreign-companies-designer-rate-tax-provisions-regulations-2000/regulation-3.json",
  "legislation": "uksi/2000/3158",
  "legislation_title": "The Controlled Foreign Companies (Designer Rate Tax Provisions) Regulations 2000",
  "legislation_url": "https://openlegislation.uk/controlled-foreign-companies-designer-rate-tax-provisions-regulations-2000",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Specified designer rate tax provisions",
  "text": "For the purposes of section 750A(1) of the Income and Corporation Taxes Act 1988 (deemed lower level of taxation: designer rate tax provisions) the following provisions are specified, being provisions which appear to the Board to be designed to enable companies to exercise significant control over the amount of tax which they pay—\n(a) the provisions contained in Part XVIIA (international bodies) of the Income Tax (Guernsey) Law, 1975;\n(b) Article 123B (international business companies) of the Income Tax (Jersey) Law 1961;\n(c) the provisions contained in Part 1 (International Companies) of the Isle of Man International Business Act 1994, and the provisions contained in Part 3 (Miscellaneous and Supplemental) of that Act so far as relating to Part 1 of that Act;\n(d) section 41 (rates for qualifying companies) of the Gibraltar Income Tax Ordinance.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Ordres en Conseil Vol. xxv, p.124. Part XVIIA was inserted by the Income Tax (International Bodies) (Guernsey) Law, 1995."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Volume 1988–1989, page 384, and Volume 1994–1995, page 224. Article 123B was inserted by Finance (Jersey) Law 1995 and amended by Finance (No. 2) (Jersey) Law 1995 and Article 9 Finance (Jersey) Law 1998."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "1994 c. 3, amended by the Isle of Man International Business (Amendment) Act 1994 (c. 4)."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Section 41 was amended by section 3 of the Income Tax (Amendment) Ordinance, 1994, section 2 of the Income Tax (Amendment) Ordinance, 1996, and section 2 of the Income Tax (Amendment) Ordinance, 1999."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2000/3158/regulation/3",
    "retrieved_at": "2026-10-29T08:10:00.897676+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}