Corporation Tax Act 2009 section 1179DU

Excluded expenditure: non-arm's-length dealings with connected parties

Section 1179DU prevents production companies from inflating their qualifying expenditure by overpaying connected parties, by treating the excess profit element of such payments as excluded expenditure unless the transaction is at arm's length.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.