This practice note discusses the UK's controlled foreign company regime for accounting periods beginning before 1 January 2013 and the UK's rules on attributing gains of non-UK resident companies to UK residents.
This resource is no longer maintained, as the current controlled foreign company regime is described in Practice notes, Controlled foreign companies: overview and Controlled foreign companies and the UK’s rules on attributing gains of non-UK resident companies to UK residents are described in Practice note, Attribution of gains of non-resident companies: key features.