Taxes Consolidation Act 1997 section 11

Section 11 defines what "control" means in relation to a company or a partnership for the purposes of the Corporation Tax Acts.

• A person has control of a company if, through holding shares, possessing voting power, or by virtue of powers in the company's constitution or governing documents, that person can ensure the company's affairs are conducted according to their wishes.
• The control can be exercised through the person's position in the company itself or in any other company that influences it.
• A person has control of a partnership if they have a right to more than 50 per cent of the partnership's assets or more than 50 per cent of its income.
• This definition only applies where a specific provision of the Corporation Tax Acts states that it applies, either in its standard form or with modifications as specified in that provision.