C1C2Part 7Tax treatment of financing costs and income

Annotations:
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)

C2

Pt. 7 excluded by 2010 c. 4, s. 938V(d) (as inserted (with effect in accordance with Sch. 20 para. 6 of the amending Act) by Finance Act 2013 (c. 29), Sch. 20 para. 3)

CHAPTER 7“Financing expense amount” and “financing income amount”

317AF1Companies with permanent establishments profits election

1

This section applies if, apart from this section, an amount is a financing expense amount or a financing income amount of a company in relation to which an election under section 18A of CTA 2009 has effect.

2

It is treated as not being a financing expense amount or a financing income amount of the company if and to the extent that it is left out of account under that section.