INTM254450 - Controlled Foreign Companies: exemptions - excluded countries: 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.

»Ê¹ÚÌåÓýapp 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. »Ê¹ÚÌåÓýapp new guidance can be found at INTM190000 onwards.

  1. INTM254460
    »Ê¹ÚÌåÓýapp excluded countries' exemption
  2. INTM254470
    Purpose of the list
  3. INTM254480
    Terms of list (schedule)
  4. INTM254490
    Meaning of 'resident'
  5. INTM254500
    Income and gains requirement
  6. INTM254510
    Commercially quantified income
  7. INTM254520
    Non-local source income
  8. INTM254530
    Meaning of 'gross amount' and 'income' and 'gains'
  9. INTM254540
    Permanent establishment income
  10. INTM254550
    Permanent establishment income treated as loacl source
  11. INTM254560
    Inclusion of non-local source income in permanent establishment income
  12. INTM254570
    Banks and insurance companies
  13. INTM254580
    List of excluded countries
  14. INTM254590
    Application of non-local source income rules to permanent establishment income