Taxation (International and Other Provisions) Act 2010 section 14

Group ratio (blended) election

Section 14 allows a reporting company to make a group ratio (blended) election where a related party investor belongs to a different worldwide group, enabling the interest allowance calculations to take into account the financial position of that investor's group.

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.