SCHEDULES

SCHEDULE 19Large businesses: tax strategies and sanctions

PART 1Interpretation

6“Group” and related expressions

1

“Group” means two or more relevant bodies which together constitute—

a

an MNE Group (see paragraph 7), or

b

a group other than an MNE group (see paragraph 8).

2

“UK group” means a group whose head is a relevant body incorporated in the United Kingdom.

3

“Foreign group” means a group whose head is a foreign relevant body.

4

For the purposes of sub-paragraphs (2) and (3) it is immaterial where other members of the group are incorporated.