Taxation (International and Other Provisions) Act 2010 (c. 8)

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)

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 U.K. “Financing expense amount” and “financing income amount”

[F1 317A Companies with permanent establishments profits election U.K.

(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.]

Textual Amendments

F1 S. 317A inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 13 paras. 30, 31