Close Company definition

Close Company means a close company as defined in Paragraph 37 of Schedule 4 to ITEPA;
Sample 1Sample 2Sample 3
Close Company means a company within the meaning of the Corporation Tax Acts which is (or would be if resident in the United Kingdom) a close company for the purposes of those Acts;
Sample 1Sample 2Sample 3
Close Company means a company under the control of five or fewer participators, or of participators who are directors. Please refer to section 430 TCA for a complete definition.
Sample 1Sample 2Sample 3

Examples of Close Company in a sentence

  • An Option may not be exercised if the Option Holder then has, or has had within the preceding twelve months, a Material Interest in a Close Company which is the Company or which is a company which has Control of the Company or which is a member of a Consortium which owns the Company.

  • TERMINATE COMPANY PARTICIPATION – PROCESS OVERVIEW From Company, select Close Company Account.

  • On May 1, 1997, the Company completed the acquisition of all the stock of D.W. Close Company, Inc.

  • An Option may not be exercised if the Optionee then has, or has had within the preceding twelve months, a Material Interest in a Close Company which is the Company or which is a company which has Control of the Company or which is a member of a Consortium which owns the Company.

  • The notion is that it does not take twice the amount of work to obtain twice as much in settlement.


More Definitions of Close Company

Close Company means a company which is registered as a close company in accordance with Part XIX;
Sample 1Sample 2Sample 3
Close Company the same meaning as in section 414 of ICTA 1988
Sample 1Sample 2
Close Company has the meaning given by Section 414 of the Taxes Act;
Sample 1Sample 2
Close Company means a close company as defined in Section 989 of the Income Tax Act 2007
Sample 1Sample 2
Close Company broadly means a company that is privately owned and controlled by five or fewer individuals.
Sample 1Sample 2
Close Company means a company within the meaning of the Income and Corporation Taxes Act 1988 which is (or would be if resident in the United Kingdom) a close company for the purposes of that Act;
Sample 1Sample 2
Close Company means a "close company" as defined in Section 414 of ICTA 1988.
Sample 1