Commentary on Sections Part 2: Charge to corporation tax: basic provisions Overview Section 18: Companies treated as non-UK resident under double taxation arrangements
102.Under this section a company which is resident in the United Kingdom, but treated under a double taxation convention as resident in a territory outside the United Kingdom, is resident outside the United Kingdom for corporation tax purposes. The section is based on section 249 of FA 1994.
103.Section 250 of FA 1994 is spent. It is repealed by this Act.