Part 7 U.K. Derivative contracts

Chapter 11 U.K. Tax avoidance

Introduction U.K.

689 Overview of Chapter U.K.

(1) This Chapter contains rules connected with tax avoidance.

(2) In particular—

(a) for rules about unallowable purposes, see sections 690 to 692,

(b) for rules relating to credits and debits where transactions are not at arm's length, see sections 693 to 695,

(c) for rules relating to credits and debits in the case of transactions with non-UK residents, see sections 696 and 697, and

(d) for rules relating to disposals for consideration not fully recognised by accounting practice, see section 698.