Taxation (International and Other Provisions) Act 2010 section 49

Credit against corporation tax on trade income: banks

Schedule 9 paragraph 19 sets out when the special rules restricting foreign tax credits for banks (under section 49) apply, based on the date the foreign tax was paid or the income was received.

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.