# Finance (No. 2) Act 2023, Section 231: Meaning of entity

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

(1) In this Part “entity” means—
(a) a company, or
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(d) any ... arrangement that results in the preparation of separate financial accounts in respect of the activities carried out under the arrangement (such as a partnership or trust).
(2) An entity which is, or is part of, a national, regional or local government is not to be regarded as an entity for the purposes of this Part.
(3) Sections 232 to 238 make further provision about entities including provision—
(a) treating permanent establishments as entities,
(b) defining various particular types of entities, and
(c) about when entities are “tax transparent”.

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Source: https://www.legislation.gov.uk/ukpga/2023/30/section/231 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2023/section-231
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.