# Finance Act 2025, Paragraph 17: Flow-through entities

Extent: E+W+S+N.I.

In section 240 (location of flow-through entities and permanent establishments), in subsection (1)—
(a) before “would” insert “is the ultimate parent of a multinational group, or”;
(b) for “it is located in that territory” substitute “the entity is treated as located in the territory in which it is created”.

---
Source: https://www.legislation.gov.uk/ukpga/2025/8/schedule/4/paragraph/17 (the official version)
Page: https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.