Commentary

D4.502 Tax implications of UK and European Economic Interest Groupings

Corporate tax
Corporate tax | Commentary

D4.502 Tax implications of UK and European Economic Interest Groupings

Corporate tax | Commentary

D4.502 Tax implications of UK and European Economic Interest Groupings

From IP completion day (11pm on 31 December 2020), the ability to form an EEIG within the UK was removed. Any EEIGs that were registered in the UK immediately before IP completion day were automatically converted into 'UK Economic Interest Groupings' or 'UKEIGs'1, see D4.501 for more details.

For UK tax purposes, both EEIGs and UKEIGs are treated as fiscally transparent, that is, that any profits or losses resulting from its activities must be taxable only in the hands of its members2.

For the purposes of charging tax on income

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