Corporation Tax Act 2010 section 357JHB

Restriction on deductions

Section 357JHB restricts the amount that can be deducted when a Northern Ireland loss carried forward is surrendered as group relief against profits that are not Northern Ireland profits, where the Northern Ireland corporation tax rate is lower than the main rate.

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.