Commentary

D4.446 CFCs and HMRC enquiries

Corporate tax
Corporate tax | Commentary

D4.446 CFCs and HMRC enquiries

Corporate tax | Commentary

D4.446 CFCs and HMRC enquiries

The general corporation tax self-assessment provisions apply to a liability to CFC tax, so that HMRC are entitled to enquire into a company's return as regards such a liability and to request documents and information as may be reasonably required for the purposes of the enquiry1.

HMRC does give some indications of material which may be relevant. Apart from the accounts of the CFC, which will almost always be required, HMRC may wish to see board meeting minutes and correspondence (or similar material) with the CFC on all matters relating to decisions made in respect of

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial