INTM256000 - Controlled Foreign Companies: EEA states - deduction for net economic value against apportionment: 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 at INTM190000 onwards.

1. INTM256010

   Introduction to Controlled Foreign Companies - EEA states - deduction for net economic value against apportionment
2. INTM256020

   Overview of the new rules
3. INTM256030

   "Net economic value" created directly by work in an EEA state
4. INTM256040

   Examples of "Net economic value" created directly by work in an EEA state
5. INTM256050

   Timing of new rules
6. INTM256060

   Conditions for application to treat a controlled foreign company's profits as reduced
7. INTM256070

   Geographical scope and other defined terms
8. INTM256080

   Procedures and process
9. INTM256090

   Information to be included in applications under ICTA88/S751A