[12ABZAA Returns relating to LLP not carrying on business etc with view to profit]
Taxes Management Act 1970 (1970 c 9) | Legislation

[12ABZAA  Returns relating to LLP not carrying on business etc with view to profit]

[(1)     This section applies where—

(a)     a person delivers a purported partnership return (“the relevant return”) in respect of a period (“the relevant period”),

(b)     the relevant return—

(i)     is made on the basis that the activities of a limited liability partnership (“the LLP”) are treated, under section 863 of ITTOIA 2005 or section 1273 of CTA 2009, as carried on in partnership by its members (“the purported partnership”), and

(ii)     relates to the purported partnership, but

(c)     the LLP does not carry on a business with a view to profit

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