23Provision of goods or services for permanent establishmentU.K.
This section has no associated Explanatory Notes
(1)This section applies if the non-UK resident company provides the permanent establishment with goods or services.
(2)If the goods or services are of a kind that the company supplies, in the ordinary course of its business, to third parties dealing with it at arm's length, the matter is dealt with as a transaction to which the separate enterprise principle applies.
(3)If not, the matter is dealt with as an expense incurred by the non-UK resident company for the purposes of the permanent establishment (see section 29).
Modifications etc. (not altering text)
C1Ss. 21-28 applied (19.7.2011) by Finance Act 2011 (c. 11), Sch. 19 para. 26(3)