The test for ‘connected persons’ is that given in CTA 2010, s. 1122. A company is connected with another person if that person has control of it or that person and persons connected with him together have control of it. Any two or more persons acting together to secure or exercise control of a company are to be treated in relation to that company as connected with one another and with any person acting on the directions of any of them to secure or exercise control of the company.

A company is connected with another company if:

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.