# Corporation Tax Act 2009, Section 18E: Employee share acquisitions


(1) Any relief which would be given under Chapter 2 or 3 of Part 12 is to be taken into account in determining any relevant profits amount or relevant losses amount in the case of a company under section 18A(6) or (7) in relation to a relevant foreign territory in so far as it is linked to the business carried on by the company through a permanent establishment in the territory.
(2) The extent to which any such relief is so linked is to be determined on a just and reasonable basis having regard to the extent to which the work of the employees concerned contributes to the purposes of the business so carried on.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/18E (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-18E
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.