Corporation Tax Act 2010 section 164A

Loan forming part of tier two capital

Section 164A ensures that financial instruments forming part of a bank's (or its parent undertaking's) Tier Two capital resources are treated as normal commercial loans for corporation tax purposes, subject to an anti-avoidance rule.

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.