Part 7 U.K.Tax treatment of financing costs and income

Modifications etc. (not altering text)

C1 Pt. 7 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)

CHAPTER 3 U.K.Disallowance of deductions

[F1 275AMeaning of “dual resident investing company” U.K.

For the purposes of this Chapter, a company is a “dual resident investing company” in relation to the relevant period of account if that period, or any part of it, is a period in respect of which the company is prevented, because of section 109(2) of CTA 2010 (restriction on losses etc surrenderable by dual resident), from surrendering losses under Chapter 2 of Part 5 of that Act (group relief).]

Textual Amendments

F1 S. 275A inserted (retrospectively) by Finance (No. 3) Act 2010 (c. 33), Sch. 5 paras. 13, 36(1)