Part 2Charge to corporation tax: basic provisions
Chapter 4Non-UK resident companies: chargeable profits
Chargeable profits
20Profits attributable to permanent establishment: introduction
(1)
Sections 21 to 32 apply for the purpose of determining the amount of profits of a non-UK resident company that are attributable to a permanent establishment of the company in the United Kingdom.
(2)
Sections 21 to 28 contain provision about the separate enterprise principle.
(3)
See also F1section 1152 of CTA 2010 (investment managers: disregard of certain chargeable profits) , which provides for profits of certain investment transactions to be disregarded in determining the amount of profits attributable to a permanent establishment.