{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-188FC",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-188FC.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/188FC",
  "kind": "section",
  "number": "188FC",
  "heading": "“Trading company” and “holding company”",
  "text": "(1) In this Part “trading company” means a company the business of which consists wholly or mainly in the carrying on of a trade.\n(2) In this Part “holding company” means a company the business of which consists wholly or mainly in the holding of shares or securities that—\n(a) are its 90% subsidiaries, and\n(b) are trading companies.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 5A inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 23"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/188FC",
    "retrieved_at": "2026-10-29T09:10:29.433154+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."
}