Related Commentary  

219(1)  This section applies for the purposes of section 218(2)(e).

219(2)  Two persons are associates in relation to provision made or imposed as between them if at the time of the making or imposition of the provision–

(a)one of them is directly or indirectly participating in the management, control or capital of the other, or

(b)the same person or persons is or are directly or indirectly participating in the management, control or capital of each of the two persons.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.