776. Non-resident companies.

A company which is not resident in the United Kingdom is chargeable to corporation tax on chargeable gains that (1) accrue to the company on the disposal of assets situated in the United Kingdom that have a relevant connection to the company's UK permanent establishment1; (2) accrue at a time when it has that permanent establishment; and (3) are attributable to that permanent establishment2. In addition, for accounting periods beginning on or after 6 April 2019, a company which is not resident in the United Kingdom is chargeable to corporation tax on chargeable gains accruing to the company on