Corporation Tax Act 2009 section 491

Holding coming within section 490: opening valuations

Section 491 establishes how to determine the opening value of a company's holding in an open-ended investment company (OEIC), unit trust scheme or offshore fund when the holding first becomes subject to the loan relationship rules under section 490.

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.