Modifications etc. (not altering text)
C1Pt. 6 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)
(1)This section applies to an amount if it falls within subsection (2) or (4).
(2)An amount is within this subsection if for the purposes of the Corporation Tax Acts it is—
(a)income or chargeable gains arising to the company in the accounting period in which the qualifying payment was made, or
(b)income arising to any other UK resident company in a corresponding accounting period.
(3)For the purposes of this section, the accounting period of one company (“the first period”) corresponds to the accounting period of another company (“the second period”) if at least one day of the first period falls within the second period.
(4)An amount is within this subsection if it is brought into account as a result of Chapter 2A or 6A of Part 6 of CTA 2009 (relationships treated as loan relationships: disguised interest, and shares accounted for as liabilities).