Taxation (International and Other Provisions) Act 2010

Income Tax Act 2007 (c. 3) U.K.

219 U.K. ITA 2007 is amended as follows.

220 U.K. In section 2 (overview of Act) after subsection (10) insert—

“(10A) Part 10A is about alternative finance arrangements.”

221 U.K. In section 383(6) (relief for interest payments)—

(a) for “section 51(2) of FA 2005” substitute “ section 564O ”, and

(b) for “falling within section 47 of that Act” substitute “ to which section 564C applies ”.

222 U.K. In section 849(4) (interaction with other Income Tax Acts provisions) for the words from the beginning to “make” substitute “ Section 564Q (deduction of income tax at source under this Part) makes ”.

223 U.K. In Schedule 4 (index of expressions defined in that Act) insert at the appropriate place—

“alternative finance arrangements (in Part 10A)	section 564A(2)”
“alternative finance return (in Part 10A)	sections 564I to 564L”