Section 394ZA Company joining tonnage tax groupF1
There is a relevant change in the relationship between A and a principal company of A on any day if—
(a)
on that day A becomes a member of a tonnage tax group for the purposes of Schedule 22 to FA 2000 without entering tonnage tax on that day, or
(b)
the day ends immediately before the day on which, for the purposes of that Schedule, A both becomes a member of a tonnage tax group and enters tonnage tax.
Annotations
Textual amendments
- F1
S. 394ZA inserted (with effect in accordance with s. 24(10) of the amending Act) by Finance Act 2012 (c. 14), s. 24(4)
Notes on “Relevant change in relationship”
Textual amendments
- F1
S. 392 and cross-heading substituted (with effect in accordance with Sch. 18 para. 9 of the amending Act) by Finance Act 2010 (c. 13) , Sch. 18 para. 4