Connected company

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Revision as of 14:53, 19 November 2014 by imported>Doug Williamson (Create the page. Source: ACT Glossary of Terms)
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UK tax.

A company is connected to another company where:

  • One company is controlled by the other (greater than 50% share ownership); or
  • Both companies are controlled by the same company or by the same person.

Special tax rules apply to connected companies, for example in relation to the tax treatment of loan relationships.


See also