Paragraph 11 Application to investment entities in same territory as owners

United Kingdom

(1)

Subsection (2) applies where—

(a)

an investment entity that is a member of a multinational group, and

(b)

all of the members of a multinational group with direct ownership interests in it,

are located in the same territory.

(2)

The investment entity is to be treated as a standard member of that group for the purposes of this Part of this Schedule.

Notes on Chapter 2

F1: Words in Sch. 16 Pt. 2 Ch. 2 heading inserted (in relation to accounting periods commencing on or after 31.12.2024) by Finance Act 2025 (c. 8), Sch. 4 paras. 6(3), 10