Corporation Tax Act 2010 section 801

Sections 799 and 800: supplementary

Section 801 provides supplementary definitions and rules that support the operation of sections 799 and 800, which deal with the treatment of certain payments connected with manufactured interest in the context of double taxation relief.

• This section defines "manufactured interest" by adopting the corporation tax definition used in the loan relationships rules in CTA 2009.
• The definition aligns the meaning of manufactured interest in the double taxation relief provisions with the wider corporation tax code.
• This represents a minor simplification compared to the previous law, which used a slightly different definitional approach under the former ICTA rules.
• The section ensures consistent interpretation of key terms when applying sections 799 and 800 to payments involving manufactured interest.