SCHEDULES

C1SCHEDULE 9 Loan relationships: special computational provisions

Annotations:
Modifications etc. (not altering text)
C1

Sch. 9 modified (19.7.2006) by Finance Act 2006 (c. 25), s. 136(2)(d)

Distributions

1

F11

The credits and debits to be brought into account for the purposes of this Chapter shall not include any credits or debits relating to any amount falling, when paid, to be treated as a distribution.

F22

Nothing in section 80(5) of this Act prevents an amount which, by virtue of sub-paragraph (1) above, is not brought into account for the purposes of this Chapter from being brought into account for the purposes of corporation tax apart from this Chapter.