# Corporation Tax Act 2009, Section 765: General rule: a company and its 75% subsidiaries form a group


(1) The general rule is that—
(a) a company (“A”) and all its 75% subsidiaries form a group, and
(b) if any of those subsidiaries have 75% subsidiaries, the group includes them and their 75% subsidiaries, and so on.
(2) A is referred to in this Chapter and in Chapter 9 as the principal company of the group.
(3) Subsections (1) and (2) are subject to the following provisions of this Chapter.

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/section/765 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-765
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.