TTM12080 - Tonnage tax groups: Control

Attribution of powers to achieve control

In considering whether a person controls a company there may be attributed under FA00/SCH22/PARA118 (2):
 

  • any rights or powers which another person holds on his behalf, and
  • any rights or powers which another person may be required to exercise at his direction or on his behalf, and
  • any rights or powers of a company of which he has, or he and his associates have, control, or of any two or more such companies, and
  • any rights or powers of any associate of his, or of any two or more associates of his.

References

Meaning of ‘control’TTM12070
Exclusion from controlTTM12090
Company not to be treated as member of more than one groupTTM12100