Taxes Management Act 1970 section 109A

Residence of companies

Section 109A applies the standard corporation tax rules for determining whether a company is resident in the UK to all provisions of the Taxes Management Act 1970.

• The rules for determining company residence are found in Chapter 3 of Part 2 of the Corporation Tax Act 2009.
• These residence rules apply for the purposes of the Taxes Management Act 1970 in the same way as they apply for the Corporation Tax Acts generally.
• This ensures a consistent approach to company residence across both the administrative and substantive tax legislation.
• There is no separate or additional residence test under the Taxes Management Act 1970; the Corporation Tax Act 2009 rules are adopted in full.