# Taxation (International and Other Provisions) Act 2010, Section 371EA: The basic rule


(1) The CFC's profits falling within this Chapter for the purposes of step 2 in section 371BB(1) (the CFC charge gateway) are its non-trading finance profits so far as they fall within any of sections 371EB to 371EE.
(2) In this Chapter references to the CFC's non-trading finance profits are to be read in accordance with section 371CB(2) and, so far as applicable, section 371CB(8).

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Source: https://www.legislation.gov.uk/ukpga/2010/8/section/371EA (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-371EA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.