[F1259BFMeaning of “permanent establishment”U.K.
This section has no associated Explanatory Notes
(1)In this Part “permanent establishment” means anything that is—
(a)a permanent establishment of a company within the meaning of the Corporation Tax Acts (see section 1119 of CTA 2010), or
(b)within any similar concept under the law of a territory outside the United Kingdom.
(2)A concept is not outside the scope of subsection (1)(b) by reason only that it is not based on Article 5 of a Model Tax Convention on Income and Capital published by the Organisation for Economic Cooperation and Development.]
Textual Amendments
F1Pt. 6A inserted (with effect in accordance with Sch. 10 paras. 18-21 of the amending Act) by Finance Act 2016 (c. 24), Sch. 10 para. 1