Part 1 Introduction and Conditions for Being a QAHC
Finance Act 2022 (2022 c 3) | Legislation

SCHEDULE 2 Qualifying Asset Holding Companies

Section 14

Part 1 Introduction and Conditions for Being a QAHC

Introduction

1

(1)     This Part of this Schedule (after this paragraph) sets out the conditions that must be met for a company to be a qualifying asset holding company (a “QAHCâ€).

(2)     Parts 2 and 3 of this Schedule—

(a)     set out how a company becomes, and ceases to be, a QAHC, and

(b)     set out some of the consequences of becoming or ceasing to be a QAHC (for example, the effect on a company's accounting periods).

(3)     Part 4 makes provision about groups of companies that include QAHCs.

(4)     Part 5 makes provision about the application of provisions about close companies, exchange gains and basis of accounting to QAHCs.

(5)     Part 6 makes provision about the application of transfer pricing rules and corporate interest restriction rules to QAHCs.

(6)     Part 7 makes provision about the treatment of certain amounts payable by a QAHC.

(7)     Part 8 makes provision in relation to an overseas property business of a QAHC.

(8)     Part 9 makes provision about the taxation of disposals by QAHCs of overseas land and certain shares.

(9)

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