The following Corporation Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
Whether an entity is within the charge to corporation tax depends on the type of entity and its territory of residence.
UK corporation tax is charged on profits generated by any corporate body or unincorporated association.
This includes the following types of entity:
The following types of entity are not within the charge to corporation tax:
A company is any body which has been incorporated and a limited liability company will generally be denoted with the terms Ltd (Limited) or plc (public limited company). An unlimited liability company will not have such letters at the end of its name. There are different ways in which a company can be incorporated, but the method does not matter for tax purposes. Usually, a company will be registered at Companies House.
EU regulations permit the formation of a Societas Europaea (SE), a European company. The SE will be subject to the tax rules of the country in which it is resident.
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