Chapter IV CONTROLLED FOREIGN COMPANIESF1

United Kingdom

1. 747Imputation of chargeable profits and creditable tax of controlled foreign companies
2. 747ASpecial rule for computing chargeable profits.
3. 748Cases where section 747(3) does not apply.
4. 748ZAExclusion of small profits exemptions
5. 748ATerritorial exclusions from exemption under section 748
6. 749Residence.
7. 749AElections and designations under section 749: supplementary provisions.
8. 749BInterests in companies.
9. 750Territories with a lower level of taxation.
10. 750ADeemed lower level of taxation: designer rate tax provisions.
11. 751Accounting periods and creditable tax
12. 751AReduction in chargeable profits for certain activities of EEA business establishments
13. 751AAReduction in chargeable profits for certain financing income
14. 751ABReduction in chargeable profits: failure to qualify for exemptions
15. 751ACReduction in chargeable profits following an exempt period
16. 751BSections 751A to 751AC: supplementary
17. 752Apportionment of chargeable profits and creditable tax
18. 752ARelevant interests.
19. 752BSection 752(3): the percentage of shares which a relevant interest represents.
20. 752CInterpretation of apportionment provisions.
21. 753Notices and appeals.
22. 754Assessment, recovery and postponement of tax.
23. 754AReturns where it is not established whether acceptable distribution policy applies.
24. 754BDeterminations requiring the sanction of the Board.
25. 755Information relating to controlled foreign companies
26. 755ATreatment of chargeable profits and creditable tax apportioned to company carrying on life assurance business.
27. 755BAmendment of return where general insurance business of foreign company accounted for on non-annual basis.
28. 755CApplication of Chapter where general insurance business of foreign company accounted for on non-annual basis.
29. 755D“Control" and the two “40 per cent" tests.
30. 756Interpretation and construction of Chapter IV.