CTM15560 - Distributions: general: reciprocal arrangements

CTA10/S1112 is an anti-avoidance provision that applies where two or more companies enter into arrangements to make distributions to each other바카라 사이트™s members. In these circumstances the legislation treats anything done by one of the companies as if it had been done by any of the others.

For example, if companies A and B enter arrangements whereby:

  • company A makes payments to company B바카라 사이트™s members,

and

  • company B makes payments to company A바카라 사이트™s members,

then the payments are treated as distributions.