INTM489585 - Diverted Profits Tax: application of Diverted Profits Tax: legislation – Finance Act 2015 – core provisions: contents

1. INTM489590

   Overview of Diverted Profits Tax
2. INTM489595

   Section 80 - involvement of entities or transactions lacking economic substance - situation 1 - UK company
3. INTM489600

   Transaction or series of transactions
4. INTM489605

   Section 80 exceptions – excepted loan relationship outcome
5. INTM489610

   Section 80 exceptions – small or medium sized enterprises (SMEs)
6. INTM489615

   Application to partnerships
7. INTM489620

   Section 81 - involvement of entities or transactions lacking economic substance - extension to foreign companies with a UK permanent establishment
8. INTM489625

   Consequences of section 80 or 81 applying
9. INTM489630

   Consequences of section 80 or 81 applying - section 82 - key definitions
10. INTM489635

    Consequences of section 80 or 81 applying - section 83 - cases where no taxable diverted profits arise
11. INTM489640

    Consequences of section 80 or 81 applying - section 84 - calculation by reference to the actual provision
12. INTM489645

    Consequences of section 80 or 81 applying - section 85 - calculation by reference to the relevant alternative provision
13. INTM489650

    Estimating profits for notices – section 80 or 81 cases
14. INTM489655

    Section 86 - avoidance of a UK taxable presence – situation 3
15. INTM489660

    Section 86 exceptions – independent agents, etc.
16. INTM489665

    Section 86 exceptions – companies with limited UK related sales or expenses
17. INTM489670

    Section 86 exceptions – SMEs
18. INTM489675

    Section 86 – the mismatch condition
19. INTM489680

    Section 86 – the tax avoidance condition
20. INTM489685

    Section 86 – application to partnerships
21. INTM489690

    Section 87 - exception for limited UK-related sales or expenses
22. INTM489695

    Consequences of section 86 applying
23. INTM489700

    Consequences of section 86 applying - section 88 - key definitions
24. INTM489705

    Consequences of section 86 applying - section 89 - calculation of profits where only tax avoidance condition is met
25. INTM489710

    Consequences of section 86 applying - section 90 - mismatch condition is met - calculation by reference to the actual provision
26. INTM489715

    Consequences of section 86 applying - section 91 - mismatch condition is met - calculation by reference to the relevant alternative provision
27. INTM489720

    Estimating profits for notices - section 86 cases
28. INTM489725

    The participation condition
29. INTM489730

    The participation condition A - financing arrangements
30. INTM489735

    The participation condition B - non-financing arrangements
31. INTM489740

    The effective tax mismatch outcome
32. INTM489745

    The effective tax mismatch outcome – reduction in the income of the first party
33. INTM489750

    The effective tax mismatch outcome – exempted payments
34. INTM489755

    The effective tax mismatch outcome – 80% payment test
35. INTM489760

    The effective tax mismatch outcome - quantifying the tax reduction
36. INTM489765

    The insufficient economic substance condition – overview
37. INTM489770

    The insufficient economic substance condition – detail
38. INTM489775

    Partnerships