Corporation Tax Act 2009 section 607A

Company is not, or has ceased to be, party to derivative contract

Section 607A ensures that where a company recognises amounts in its accounts relating to a derivative contract to which it is not legally a party, those amounts are still brought into account for corporation tax purposes as if the company were a party to that contract.

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.