# Corporation Tax Act 2009, Paragraph 700


For section 5 substitute—
“Income tax and companies
5 Section 3 of CTA 2009 disapplies the provisions of the Income Tax Acts relating to the charge to income tax in relation to income of a company (not accruing to it in a fiduciary or representative capacity) if—
(a) the company is UK resident, or
(b) the company is non-UK resident and the income is within its chargeable profits as defined by section 19 of that Act (profits attributable to its permanent establishment in the United Kingdom).”

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Source: https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/700 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-700
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.