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HMRC internal manual

Company Taxation Manual

HM Revenue & Customs
, see all updates

Authorised investment funds (AIFs): structure, arrangement and tax status of funds: close companies

As regards shares held by an authorised investment fund:

  • in determining whether a company is close, see CTM60310,
  • in determining whether a holder of units in that authorised investment fund is an associate of any other person, see (c) of CTM60150.