There are special rules to cover the treatment of groups of undertakings affected by third-party notices.

Where a third-party notice is issued to any person in order to check the tax position of a parent undertaking and any of its subsidiary undertakings, references in TCMWA 2016, s. 87 (see ¶314-530) or s. 88 (see ¶314-535) to ‘the taxpayer’ are taken to refer to the parent undertaking and the notice is required to state its purpose.

That is to say: provided that the WRA either has the prior agreement of the parent undertaking or of the Tribunal, it may issue a third-party notice requiring a person to provide information or produce a document where:

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.