Explanatory Notes

Corporation Tax (Northern Ireland) Act 2015

2015 CHAPTER 21

26 March 2015

Section 1: Trading Profits Taxable at the Northern Ireland Rate

Chapter 5

28.A company will have a NIRE if the company has a fixed place of business in Northern Ireland through which it wholly or partly carries on its business or if it carries on its business in Northern Ireland through a dependent agent.

29.A NIRE will not exist where the business is carried on through an agent of independent status. This Chapter sets out the conditions to determine whether an agent is of independent status.