Corporation Tax Act 2009 section 72

Relevant non-lending relationships: discounts accruing and profits arising before 16 March 2005

Section 72 ensures that certain credits and debits relating to discounts on money debts and profits from relevant non-lending relationships are excluded from the loan relationships rules where they accrued or arose before 16 March 2005.

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.