{
  "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-25/paragraph-18",
  "json_url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-25/paragraph-18.json",
  "legislation": "ukpga/1988/1",
  "legislation_title": "Income and Corporation Taxes Act 1988",
  "legislation_url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988",
  "path": "schedule/25/paragraph/18",
  "kind": "paragraph",
  "number": "18",
  "heading": null,
  "text": "It is the main purpose or one of the main purposes of a transaction to achieve a reduction in United Kingdom tax if this is the purpose or one of the main purposes—\n(a) of the controlled foreign company concerned; or\n(b) of a person who has an interest in that company at any time during the accounting period concerned.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1988/1/schedule/25/paragraph/18",
    "retrieved_at": "2026-10-29T09:49:54.309394+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}