# Finance Act 2003, Section 200: Controlled foreign companies: exempt activities


(1) Schedule 42 to this Act (which amends Part 2 of Schedule 25 to the Taxes Act 1988 (exempt activities)) shall have effect.
(2) The amendments made by that Schedule have effect in relation to accounting periods of a controlled foreign company beginning on or after 27th November 2002.
(3) In this section “accounting period” and “controlled foreign company” have the same meaning as in Chapter 4 of Part 17 of the Taxes Act 1988.
(4) This section shall be taken to have come into force on 27th November 2002.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/section/200 (the official version)
Page: https://openlegislation.uk/finance-act-2003/section-200
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.