INTM254150 - Controlled Foreign Companies: legislation - introduction and outline: Contents

This guidance applies for accounting period before 1 January 2013 and refers to the legislation at Chapter IV Part XVII of the Income and Corporation Taxes Acts 1988, under the old Controlled Foreign Companies (CFC) rules.

The current rules for CFCs are contained in Part 9A, Taxation (International and Other Provisions) Act 2010. This legislation is effective for accounting periods of CFCs beginning on or after 1 January 2013. The new guidance can be found here (HMRC website.

1. INTM254160

   Guidance on the Controlled Foreign Companies' rules under self assessment
2. INTM254170

   Nature of the Controlled Foreign Companies' rules
3. INTM254180

   Requirements of the legislation
4. INTM254190

   Relief for foreign taxes
5. INTM254200

   Statutory exclusions
6. INTM254210

   Definition of Controlled Foreign Company
7. INTM254220

   Exclusions from charge
8. INTM254230

   Chargeable profits and creditable tax
9. INTM254240

   Apportionment of profits
10. INTM254250

    Assessments
11. INTM254260

    Board's notice of approval and rights of appeal
12. INTM254270

    Reliefs
13. INTM254280

    ACT
14. INTM254290

    Relief against double charge: subsequent disposal
15. INTM254300

    Relief against double charge: subsequent dividends
16. INTM254310

    Information
17. INTM254320

    Interest and Penalties
18. INTM254330

    Clearance procedures