{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-271",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-271.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/271",
  "kind": "section",
  "number": "271",
  "heading": "“Associated companies”",
  "text": "(1) For the purposes of this Part two companies are associated with one another if—\n(a) one is a 51% subsidiary of the other,\n(b) each is a 51% subsidiary of a third company,\n(c) one is owned by a consortium of which the other is a member,\n(d) one has control of the other, or\n(e) both are under the control of the same person.\n(2) For the purposes of this section—\n(a) a company is owned by a consortium if at least 75% of the company's ordinary share capital is beneficially owned by other companies each of which beneficially owns at least 5% of that capital, and\n(b) the other companies each owning at least 5% of that capital are the members of the consortium.\n(3) In this section “control” has the same meaning as in Part 10 (close companies) (see sections 450 and 451).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/271",
    "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."
}