226 Joint venture group
Finance (No 2) Act 2023 (2023 c 30) | Legislation

Joint venture group

226  Joint venture group

(1)     For the purposes of this Part “joint venture group” means a joint venture parent of a qualifying multinational group and its joint venture subsidiaries (together its “members”).

(2)     An entity is a joint venture parent of a multinational group if—

(a)     the financial results of that entity are reported under the equity method in the consolidated financial statements of the ultimate

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