[F1317ACompanies with permanent establishments profits electionU.K.
This section has no associated Explanatory Notes
(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
F1S. 317A inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 13 paras. 30, 31