638 Apportionment of amounts

This section provides that where it is necessary to apportion any sum in order to determine the liability to tax of more than one company then any question which arises as to the manner in which the sums are to be apportioned is to be determined by the Appeal Commissioners or by the courts in the same way as an appeal against an assessment would be determined. All of the companies involved are entitled to appear before and be heard by, or make representations to, the Appeal Commissioners in such a case.

Relevant Date: Finance Act 2021